REI Lense

REI Lense

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$1,971 (target)

215 Timberlane Rd, Greer, SC 29651

3 beds • 2 baths • 1748 sqft

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This property looks like a bad Long-Term investment with a projected -14.81% first-year return on $94,290 initial cash invested.

-14.81%

Cash On Cash

3.14%

Cap Rate

0.52

DSCR

$1,971

Rent

-$1,164

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,971 income − $3,135 expenses = $1,164 out of pocket

Income$1,971Out of Pocket$1,164Mortgage P&I$2,241114%Property Taxes$22411%Insurance$1578%Management$19710%CapEx$995%Vacancy$1186%Maintenance$995%

Investment Breakdown

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Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,290

Downpayment

20%

$89,800

Closing costs

1%

$4,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,971

Total Expenses

$3,135

Mortgage P&I

114%

$2,241

Property Taxes

11%

$224

Home Insurance

8%

$157

HOA

0%

$0

Property Management

10%

$197

CapEx

5%

$99

Vacancy

6%

$118

Maintenance

5%

$99

Other

0%

$0

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