REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,420 (target)

2802 Little Creek Dr, Anderson, SC 29621

3 beds • 2 baths • sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.64% first-year return on $70,899 initial cash invested.

-3.64%

Cash On Cash

5.67%

Cap Rate

0.91

DSCR

$2,420

Rent

-$215

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,420 income − $2,635 expenses = $215 out of pocket

Income$2,420Out of Pocket$215Mortgage P&I$1,30954%Property Taxes$41217%Insurance$914%Management$29012%CapEx$974%Vacancy$733%Maintenance$974%Other$26611%

Investment Breakdown

|

Purchase Price

$252k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,899

Downpayment

20%

$50,380

Closing costs

1%

$2,519

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,420

Total Expenses

$2,635

Mortgage P&I

54%

$1,309

Property Taxes

17%

$412

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$290

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$266

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis