REI Lense

REI Lense

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$2,175 (target)

2412 Stingray Blvd, North Charleston, SC 29406

3 beds • 2 baths • 1255 sqft

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This property looks like a bad Long-Term investment with a projected -7.57% first-year return on $64,701 initial cash invested.

-7.57%

Cash On Cash

5.02%

Cap Rate

0.81

DSCR

$2,175

Rent

-$408

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,175 income − $2,583 expenses = $408 out of pocket

Income$2,175Out of Pocket$408Mortgage P&I$1,58973%Property Taxes$31815%Insurance$1105%Management$21810%CapEx$1095%Vacancy$1306%Maintenance$1095%

Investment Breakdown

|

Purchase Price

$308k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,701

Downpayment

20%

$61,620

Closing costs

1%

$3,081

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,175

Total Expenses

$2,583

Mortgage P&I

73%

$1,589

Property Taxes

15%

$318

Home Insurance

5%

$110

HOA

0%

$0

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$130

Maintenance

5%

$109

Other

0%

$0

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