REI Lense

REI Lense

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$1,548 (target)

209 Brookside Ln, Elgin, SC 29045

3 beds • 2 baths • 1200 sqft

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This property looks like a bad Long-Term investment with a projected -2.06% first-year return on $43,743 initial cash invested.

-2.06%

Cash On Cash

6.23%

Cap Rate

1

DSCR

$1,548

Rent

-$75

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,548 income − $1,623 expenses = $75 out of pocket

Income$1,548Out of Pocket$75Mortgage P&I$1,07970%Property Taxes$684%Insurance$745%Management$15510%CapEx$775%Vacancy$936%Maintenance$775%

Investment Breakdown

|

Purchase Price

$208k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,743

Downpayment

20%

$41,660

Closing costs

1%

$2,083

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,548

Total Expenses

$1,623

Mortgage P&I

70%

$1,079

Property Taxes

4%

$68

Home Insurance

5%

$74

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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