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$4,042 (target)

281 Surfbird Rd, Summerville, SC 29486

3 beds • 4 baths • 2400 sqft

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This property might be a fair Mid-Term investment with a projected 1.92% first-year return on $109k initial cash invested.

1.92%

Cash On Cash

6.9%

Cap Rate

1.16

DSCR

$4,042

Rent

$175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,042 income − $3,867 expenses = $175 cash flow

Income$4,042Mortgage P&I$2,16654%Property Taxes$1744%Insurance$1524%Management$48512%CapEx$1624%Vacancy$1213%Maintenance$1624%Other$44511%Cash Flow$175

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,000

Closing costs

1%

$4,350

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,042

Total Expenses

$3,867

Mortgage P&I

54%

$2,166

Property Taxes

4%

$174

Home Insurance

4%

$152

HOA

0%

$0

Property Management

12%

$485

CapEx

4%

$162

Vacancy

3%

$121

Maintenance

4%

$162

Other

11%

$445

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