REI Lense

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$3,568 (target)

2636 Palmetto Hall Blvd, Mount Pleasant, SC 29466

3 beds • 2 baths • 1804 sqft

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This property looks like a bad Long-Term investment with a projected -10.25% first-year return on $133k initial cash invested.

-10.25%

Cash On Cash

4.05%

Cap Rate

0.69

DSCR

$3,568

Rent

-$1,138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,568 income − $4,706 expenses = $1,138 out of pocket

Income$3,568Out of Pocket$1,138Mortgage P&I$3,10287%Property Taxes$44913%Insurance$2286%Management$35710%CapEx$1785%Vacancy$2146%Maintenance$1785%

Investment Breakdown

|

Purchase Price

$635k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$127k

Closing costs

1%

$6,347

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,568

Total Expenses

$4,706

Mortgage P&I

87%

$3,102

Property Taxes

13%

$449

Home Insurance

6%

$228

HOA

0%

$0

Property Management

10%

$357

CapEx

5%

$178

Vacancy

6%

$214

Maintenance

5%

$178

Other

0%

$0

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