REI Lense

REI Lense

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$2,169 (target)

208 Wagner Cir., Conway, SC 29526

3 beds • 2 baths • 1665 sqft

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This property looks like a bad Long-Term investment with a projected -7.18% first-year return on $68,712 initial cash invested.

-7.18%

Cash On Cash

5.13%

Cap Rate

0.82

DSCR

$2,169

Rent

-$411

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,169 income − $2,580 expenses = $411 out of pocket

Income$2,169Out of Pocket$411Mortgage P&I$1,70178%Property Taxes$1095%Insurance$1175%HOA$904%Management$21710%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,712

Downpayment

20%

$65,440

Closing costs

1%

$3,272

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,169

Total Expenses

$2,580

Mortgage P&I

78%

$1,701

Property Taxes

5%

$109

Home Insurance

5%

$117

HOA

4%

$90

Property Management

10%

$217

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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