REI Lense

REI Lense

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$2,140 (target)

207 Laurel Ridge Rd, Anderson, SC 29621

3 beds • 3 baths • 2250 sqft

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This property looks like a bad Long-Term investment with a projected -8.23% first-year return on $76,377 initial cash invested.

-8.23%

Cash On Cash

4.57%

Cap Rate

0.77

DSCR

$2,140

Rent

-$524

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,140 income − $2,664 expenses = $524 out of pocket

Income$2,140Out of Pocket$524Mortgage P&I$1,80184%Property Taxes$1768%Insurance$1316%Management$21410%CapEx$1075%Vacancy$1286%Maintenance$1075%

Investment Breakdown

|

Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,377

Downpayment

20%

$72,740

Closing costs

1%

$3,637

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,140

Total Expenses

$2,664

Mortgage P&I

84%

$1,801

Property Taxes

8%

$176

Home Insurance

6%

$131

HOA

0%

$0

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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