REI Lense

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$2,619 (target)

287 Kings River Rd., Pawleys Island, SC 29585

3 beds • 2 baths • 1900 sqft

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This property might be a fair Long-Term investment with a projected 0.1% first-year return on $70,791 initial cash invested.

0.1%

Cash On Cash

6.65%

Cap Rate

1.08

DSCR

$2,619

Rent

$6

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,619 income − $2,613 expenses = $6 cash flow

Income$2,619Mortgage P&I$1,73166%Property Taxes$793%Insurance$1225%Management$26210%CapEx$1315%Vacancy$1576%Maintenance$1315%Cash Flow$6

Investment Breakdown

|

Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,791

Downpayment

20%

$67,420

Closing costs

1%

$3,371

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,619

Total Expenses

$2,613

Mortgage P&I

66%

$1,731

Property Taxes

3%

$79

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$262

CapEx

5%

$131

Vacancy

6%

$157

Maintenance

5%

$131

Other

0%

$0

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