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234 Damask Dr, Lancaster, SC 29720

3 beds • 2 baths • 1341 sqft

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This property looks like a bad Mid-Term investment with a projected -4.38% first-year return on $80,496 initial cash invested.

-4.38%

Cash On Cash

5.06%

Cap Rate

0.87

DSCR

$2,662

Rent

-$294

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,496

Downpayment

20%

$59,520

Closing costs

1%

$2,976

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,662

Total Expenses

$2,956

Mortgage P&I

54%

$1,442

Property Taxes

13%

$343

Home Insurance

4%

$105

HOA

6%

$162

Property Management

12%

$319

CapEx

4%

$106

Vacancy

3%

$80

Maintenance

4%

$106

Other

11%

$293

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