REI Lense

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$2,578 (target)

231 Summer Lady Ln, Boiling Springs, SC 29316

3 beds • 2 baths • 1732 sqft

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This property looks like a bad Mid-Term investment with a projected -2.5% first-year return on $84,486 initial cash invested.

-2.5%

Cash On Cash

5.99%

Cap Rate

0.96

DSCR

$2,578

Rent

-$176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,578 income − $2,754 expenses = $176 out of pocket

Income$2,578Out of Pocket$176Mortgage P&I$1,65464%Property Taxes$1104%Insurance$1144%Management$30912%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28411%

Investment Breakdown

|

Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,486

Downpayment

20%

$63,320

Closing costs

1%

$3,166

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,578

Total Expenses

$2,754

Mortgage P&I

64%

$1,654

Property Taxes

4%

$110

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$309

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$284

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