REI Lense

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$3,167 (target)

287 Parkview Dr., Pawleys Island, SC 29585

3 beds • 2 baths • 1841 sqft

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This property looks like a bad Long-Term investment with a projected -7.59% first-year return on $121k initial cash invested.

-7.59%

Cash On Cash

4.54%

Cap Rate

0.78

DSCR

$3,167

Rent

-$768

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,167 income − $3,935 expenses = $768 out of pocket

Income$3,167Out of Pocket$768Mortgage P&I$2,79888%Property Taxes$1043%Insurance$2107%Management$31710%CapEx$1585%Vacancy$1906%Maintenance$1585%

Investment Breakdown

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Purchase Price

$578k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$116k

Closing costs

1%

$5,781

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,167

Total Expenses

$3,935

Mortgage P&I

88%

$2,798

Property Taxes

3%

$104

Home Insurance

7%

$210

HOA

0%

$0

Property Management

10%

$317

CapEx

5%

$158

Vacancy

6%

$190

Maintenance

5%

$158

Other

0%

$0

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