REI Lense

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$1,592 (target)

203 Condor Rte, Lexington, SC 29073

3 beds • 2 baths • 1080 sqft

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This property might be a fair Long-Term investment with a projected 4.92% first-year return on $37,338 initial cash invested.

4.92%

Cash On Cash

7.73%

Cap Rate

1.26

DSCR

$1,592

Rent

$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,592 income − $1,439 expenses = $153 cash flow

Income$1,592Mortgage P&I$91357%Property Taxes$483%Insurance$634%Management$15910%CapEx$805%Vacancy$966%Maintenance$805%Cash Flow$153

Investment Breakdown

|

Purchase Price

$178k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,338

Downpayment

20%

$35,560

Closing costs

1%

$1,778

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,592

Total Expenses

$1,439

Mortgage P&I

57%

$913

Property Taxes

3%

$48

Home Insurance

4%

$63

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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