REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,092 (target)

2632 Brick Dr., Longs, SC 29568

3 beds • 2 baths • 2117 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.02% first-year return on $61,782 initial cash invested.

-6.02%

Cash On Cash

5.78%

Cap Rate

0.87

DSCR

$2,092

Rent

-$310

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,092 income − $2,402 expenses = $310 out of pocket

Income$2,092Out of Pocket$310Mortgage P&I$1,62378%Property Taxes$593%Insurance$1055%HOA$703%Management$20910%CapEx$1055%Vacancy$1266%Maintenance$1055%

Investment Breakdown

|

Purchase Price

$294k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,782

Downpayment

20%

$58,840

Closing costs

1%

$2,942

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,092

Total Expenses

$2,402

Mortgage P&I

78%

$1,623

Property Taxes

3%

$59

Home Insurance

5%

$105

HOA

3%

$70

Property Management

10%

$209

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis