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$2,866 (target)

2609 Rowyn St., Longs, SC 29568

3 beds • 3 baths • 1224 sqft

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This property looks like a bad Mid-Term investment with a projected -10.79% first-year return on $108k initial cash invested.

-10.79%

Cash On Cash

3.84%

Cap Rate

0.62

DSCR

$2,866

Rent

-$975

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,866 income − $3,841 expenses = $975 out of pocket

Income$2,866Out of Pocket$975Mortgage P&I$2,23778%Property Taxes$1325%Insurance$1545%HOA$34312%Management$34412%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31511%

Investment Breakdown

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Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$86,080

Closing costs

1%

$4,304

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,866

Total Expenses

$3,841

Mortgage P&I

78%

$2,237

Property Taxes

5%

$132

Home Insurance

5%

$154

HOA

12%

$343

Property Management

12%

$344

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$315

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