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$3,760 (target)

224 W Clark Rd, Inman, SC 29349

3 beds • 3 baths • 1643 sqft

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This property could be a profitable Mid-Term investment with a projected 10.84% first-year return on $82,911 initial cash invested.

10.84%

Cash On Cash

9.76%

Cap Rate

1.56

DSCR

$3,760

Rent

$749

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,760 income − $3,011 expenses = $749 cash flow

Income$3,760Mortgage P&I$1,61543%Property Taxes$10Insurance$1083%Management$45112%CapEx$1504%Vacancy$1133%Maintenance$1504%Other$41411%Cash Flow$749

Investment Breakdown

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Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,911

Downpayment

20%

$61,820

Closing costs

1%

$3,091

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,760

Total Expenses

$3,011

Mortgage P&I

43%

$1,615

Property Taxes

0%

$10

Home Insurance

3%

$108

HOA

0%

$0

Property Management

12%

$451

CapEx

4%

$150

Vacancy

3%

$113

Maintenance

4%

$150

Other

11%

$414

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