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$2,322 (target)

209 Brookside Ln, Elgin, SC 29045

3 beds • 2 baths • 1200 sqft

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This property might be a fair Mid-Term investment with a projected 6.04% first-year return on $61,743 initial cash invested.

6.04%

Cash On Cash

8.54%

Cap Rate

1.37

DSCR

$2,322

Rent

$311

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,322 income − $2,011 expenses = $311 cash flow

Income$2,322Mortgage P&I$1,07946%Property Taxes$683%Insurance$743%Management$27912%CapEx$934%Vacancy$703%Maintenance$934%Other$25511%Cash Flow$311

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,743

Downpayment

20%

$41,660

Closing costs

1%

$2,083

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,322

Total Expenses

$2,011

Mortgage P&I

46%

$1,079

Property Taxes

3%

$68

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$279

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$255

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