REI Lense

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$3,034 (target)

2218 Excalibur Dr, Indian Land, SC 29707

3 beds • 2 baths • 2642 sqft

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This property looks like a bad Long-Term investment with a projected -15.17% first-year return on $121k initial cash invested.

-15.17%

Cash On Cash

3.06%

Cap Rate

0.52

DSCR

$3,034

Rent

-$1,530

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,034 income − $4,564 expenses = $1,530 out of pocket

Income$3,034Out of Pocket$1,530Mortgage P&I$2,84994%Property Taxes$60920%Insurance$2007%HOA$1174%Management$30310%CapEx$1525%Vacancy$1826%Maintenance$1525%

Investment Breakdown

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Purchase Price

$576k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$115k

Closing costs

1%

$5,763

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,034

Total Expenses

$4,564

Mortgage P&I

94%

$2,849

Property Taxes

20%

$609

Home Insurance

7%

$200

HOA

4%

$117

Property Management

10%

$303

CapEx

5%

$152

Vacancy

6%

$182

Maintenance

5%

$152

Other

0%

$0

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