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$6,639 (target)

2306 Sandy Point Ln, Mount Pleasant, SC 29466

3 beds • 3 baths • 2478 sqft

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This property looks like a bad Mid-Term investment with a projected -8.2% first-year return on $200k initial cash invested.

-8.2%

Cash On Cash

4.63%

Cap Rate

0.75

DSCR

$6,639

Rent

-$1,365

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,639 income − $8,004 expenses = $1,365 out of pocket

Income$6,639Out of Pocket$1,365Mortgage P&I$4,43567%Property Taxes$1,00015%Insurance$3115%Management$79712%CapEx$2664%Vacancy$1993%Maintenance$2664%Other$73011%

Investment Breakdown

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Purchase Price

$865k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$200k

Downpayment

20%

$173k

Closing costs

1%

$8,653

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,639

Total Expenses

$8,004

Mortgage P&I

67%

$4,435

Property Taxes

15%

$1,000

Home Insurance

5%

$311

HOA

0%

$0

Property Management

12%

$797

CapEx

4%

$266

Vacancy

3%

$199

Maintenance

4%

$266

Other

11%

$730

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