REI Lense

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$3,928 (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 Mid-Term investment with a projected 8.93% first-year return on $88,791 initial cash invested.

8.93%

Cash On Cash

9.07%

Cap Rate

1.47

DSCR

$3,928

Rent

$661

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,928 income − $3,267 expenses = $661 cash flow

Income$3,928Mortgage P&I$1,73144%Property Taxes$792%Insurance$1223%Management$47112%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43211%Cash Flow$661

Investment Breakdown

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Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,791

Downpayment

20%

$67,420

Closing costs

1%

$3,371

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,928

Total Expenses

$3,267

Mortgage P&I

44%

$1,731

Property Taxes

2%

$79

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$471

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$432

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