REI Lense

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$5,352 (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 Mid-Term investment with a projected -1.96% first-year return on $151k initial cash invested.

-1.96%

Cash On Cash

5.8%

Cap Rate

0.99

DSCR

$5,352

Rent

-$247

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,352 income − $5,599 expenses = $247 out of pocket

Income$5,352Out of Pocket$247Mortgage P&I$3,10258%Property Taxes$4498%Insurance$2284%Management$64212%CapEx$2144%Vacancy$1613%Maintenance$2144%Other$58911%

Investment Breakdown

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Purchase Price

$635k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$127k

Closing costs

1%

$6,347

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,352

Total Expenses

$5,599

Mortgage P&I

58%

$3,102

Property Taxes

8%

$449

Home Insurance

4%

$228

HOA

0%

$0

Property Management

12%

$642

CapEx

4%

$214

Vacancy

3%

$161

Maintenance

4%

$214

Other

11%

$589

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