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$2,990 (target)

215 Devonbrook Pl., Longs, SC 29568

3 beds • 2 baths • 1665 sqft

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This property might be a fair Mid-Term investment with a projected 3.47% first-year return on $84,402 initial cash invested.

3.47%

Cash On Cash

7.34%

Cap Rate

1.23

DSCR

$2,990

Rent

$244

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,990 income − $2,746 expenses = $244 cash flow

Income$2,990Mortgage P&I$1,56952%Property Taxes$441%Insurance$1154%Management$35912%CapEx$1204%Vacancy$903%Maintenance$1204%Other$32911%Cash Flow$244

Investment Breakdown

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Purchase Price

$316k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,402

Downpayment

20%

$63,240

Closing costs

1%

$3,162

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,990

Total Expenses

$2,746

Mortgage P&I

52%

$1,569

Property Taxes

1%

$44

Home Insurance

4%

$115

HOA

0%

$0

Property Management

12%

$359

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$329

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