REI Lense

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$2,715 (target)

222 Irene St, North Augusta, SC 29841

3 beds • 2 baths • 1798 sqft

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This property might be a fair Mid-Term investment with a projected 5.37% first-year return on $74,679 initial cash invested.

5.37%

Cash On Cash

7.9%

Cap Rate

1.33

DSCR

$2,715

Rent

$334

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,715 income − $2,381 expenses = $334 cash flow

Income$2,715Mortgage P&I$1,33349%Property Taxes$301%Insurance$943%Management$32612%CapEx$1094%Vacancy$813%Maintenance$1094%Other$29911%Cash Flow$334

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,715

Total Expenses

$2,381

Mortgage P&I

49%

$1,333

Property Taxes

1%

$30

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$81

Maintenance

4%

$109

Other

11%

$299

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