REI Lense

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$2,554 (target)

206 Carey Ave, Greer, SC 29651

3 beds • 2 baths • 1662 sqft

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This property looks like a bad Mid-Term investment with a projected -0.59% first-year return on $78,921 initial cash invested.

-0.59%

Cash On Cash

6.22%

Cap Rate

1.04

DSCR

$2,554

Rent

-$39

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,554 income − $2,593 expenses = $39 out of pocket

Income$2,554Out of Pocket$39Mortgage P&I$1,44056%Property Taxes$1807%Insurance$1054%Management$30612%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28111%

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,921

Downpayment

20%

$58,020

Closing costs

1%

$2,901

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,554

Total Expenses

$2,593

Mortgage P&I

56%

$1,440

Property Taxes

7%

$180

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$281

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