REI Lense

REI Lense

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$3,476 (target)

2215 Nicholas David Path, Johns Island, SC 29455

3 beds • 3 baths • 2888 sqft

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This property looks like a bad Long-Term investment with a projected -13.76% first-year return on $179k initial cash invested.

-13.76%

Cash On Cash

3.21%

Cap Rate

0.55

DSCR

$3,476

Rent

-$2,054

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$853k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$179k

Downpayment

20%

$171k

Closing costs

1%

$8,528

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,476

Total Expenses

$5,530

Mortgage P&I

120%

$4,161

Property Taxes

5%

$158

Home Insurance

9%

$306

HOA

0%

$0

Property Management

10%

$348

CapEx

5%

$174

Vacancy

6%

$209

Maintenance

5%

$174

Other

0%

$0

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