REI Lense

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$1,911 (target)

2609 Rowyn St., Longs, SC 29568

3 beds • 3 baths • 1224 sqft

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This property looks like a bad Long-Term investment with a projected -19.29% first-year return on $90,384 initial cash invested.

-19.29%

Cash On Cash

2.45%

Cap Rate

0.39

DSCR

$1,911

Rent

-$1,453

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,911 income − $3,364 expenses = $1,453 out of pocket

Income$1,911Out of Pocket$1,453Mortgage P&I$2,237117%Property Taxes$1327%Insurance$1548%HOA$34318%Management$19110%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

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Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,384

Downpayment

20%

$86,080

Closing costs

1%

$4,304

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,911

Total Expenses

$3,364

Mortgage P&I

117%

$2,237

Property Taxes

7%

$132

Home Insurance

8%

$154

HOA

18%

$343

Property Management

10%

$191

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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