REI Lense

REI Lense

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$2,046 (target)

234 Reedy Springs Ln, Greenville, SC 29605

3 beds • 2 baths • 1814 sqft

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This property looks like a bad Long-Term investment with a projected -5.91% first-year return on $68,040 initial cash invested.

-5.91%

Cash On Cash

5.2%

Cap Rate

0.86

DSCR

$2,046

Rent

-$335

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$324k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,040

Downpayment

20%

$64,800

Closing costs

1%

$3,240

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,046

Total Expenses

$2,381

Mortgage P&I

80%

$1,638

Property Taxes

4%

$89

Home Insurance

6%

$122

HOA

0%

$0

Property Management

10%

$205

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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