REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,640 (target)

2435 Merrill Way, Boiling Springs, SC 29316

3 beds • 2 baths • 1533 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.91% first-year return on $79,215 initial cash invested.

-1.91%

Cash On Cash

5.86%

Cap Rate

0.99

DSCR

$2,640

Rent

-$126

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,640 income − $2,766 expenses = $126 out of pocket

Income$2,640Out of Pocket$126Mortgage P&I$1,44455%Property Taxes$1666%Insurance$1044%HOA$1546%Management$31712%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29011%

Investment Breakdown

|

Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,215

Downpayment

20%

$58,300

Closing costs

1%

$2,915

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,640

Total Expenses

$2,766

Mortgage P&I

55%

$1,444

Property Taxes

6%

$166

Home Insurance

4%

$104

HOA

6%

$154

Property Management

12%

$317

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$290

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis