REI Lense

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$3,326 (target)

2716 Desert Rose St., Little River, SC 29566

3 beds • 2 baths • 1821 sqft

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This property might be a fair Mid-Term investment with a projected 4.83% first-year return on $83,667 initial cash invested.

4.83%

Cash On Cash

8.07%

Cap Rate

1.29

DSCR

$3,326

Rent

$337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,326 income − $2,989 expenses = $337 cash flow

Income$3,326Mortgage P&I$1,63449%Property Taxes$802%Insurance$1143%HOA$301%Management$39912%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36611%Cash Flow$337

Investment Breakdown

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Purchase Price

$313k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,667

Downpayment

20%

$62,540

Closing costs

1%

$3,127

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,326

Total Expenses

$2,989

Mortgage P&I

49%

$1,634

Property Taxes

2%

$80

Home Insurance

3%

$114

HOA

1%

$30

Property Management

12%

$399

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$366

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