REI Lense

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$4,551 (target)

2218 Excalibur Dr, Indian Land, SC 29707

3 beds • 2 baths • 2642 sqft

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This property looks like a bad Mid-Term investment with a projected -6.66% first-year return on $139k initial cash invested.

-6.66%

Cash On Cash

4.7%

Cap Rate

0.79

DSCR

$4,551

Rent

-$772

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,551 income − $5,323 expenses = $772 out of pocket

Income$4,551Out of Pocket$772Mortgage P&I$2,84963%Property Taxes$60913%Insurance$2004%HOA$1173%Management$54612%CapEx$1824%Vacancy$1373%Maintenance$1824%Other$50111%

Investment Breakdown

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Purchase Price

$576k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$115k

Closing costs

1%

$5,763

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,551

Total Expenses

$5,323

Mortgage P&I

63%

$2,849

Property Taxes

13%

$609

Home Insurance

4%

$200

HOA

3%

$117

Property Management

12%

$546

CapEx

4%

$182

Vacancy

3%

$137

Maintenance

4%

$182

Other

11%

$501

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