REI Lense

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$1,775 (target)

209 Hickory Dr, Easley, SC 29642

3 beds • 2 baths • sqft

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This property looks like a bad Long-Term investment with a projected -4.2% first-year return on $57,435 initial cash invested.

-4.2%

Cash On Cash

5.41%

Cap Rate

0.92

DSCR

$1,775

Rent

-$201

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,775 income − $1,976 expenses = $201 out of pocket

Income$1,775Out of Pocket$201Mortgage P&I$1,34476%Property Taxes$764%Insurance$945%Management$17810%CapEx$895%Vacancy$1066%Maintenance$895%

Investment Breakdown

|

Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,435

Downpayment

20%

$54,700

Closing costs

1%

$2,735

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,775

Total Expenses

$1,976

Mortgage P&I

76%

$1,344

Property Taxes

4%

$76

Home Insurance

5%

$94

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$106

Maintenance

5%

$89

Other

0%

$0

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