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$2,854 (target)

216 Hickory Dr, Easley, SC 29642

3 beds • 3 baths • 1680 sqft

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This property might be a fair Mid-Term investment with a projected 1.04% first-year return on $85,389 initial cash invested.

1.04%

Cash On Cash

6.65%

Cap Rate

1.12

DSCR

$2,854

Rent

$74

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,854 income − $2,780 expenses = $74 cash flow

Income$2,854Mortgage P&I$1,58956%Property Taxes$1074%Insurance$1144%Management$34212%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%Cash Flow$74

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,389

Downpayment

20%

$64,180

Closing costs

1%

$3,209

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,854

Total Expenses

$2,780

Mortgage P&I

56%

$1,589

Property Taxes

4%

$107

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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