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$2,404 (target)

2901 Woodway Ln, Columbia, SC 29223

3 beds • 2 baths • 1344 sqft

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This property might be a fair Mid-Term investment with a projected 3.54% first-year return on $61,050 initial cash invested.

3.54%

Cash On Cash

7.92%

Cap Rate

1.26

DSCR

$2,404

Rent

$180

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,404 income − $2,224 expenses = $180 cash flow

Income$2,404Mortgage P&I$1,07745%Property Taxes$25911%Insurance$723%Management$28812%CapEx$964%Vacancy$723%Maintenance$964%Other$26411%Cash Flow$180

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,050

Downpayment

20%

$41,000

Closing costs

1%

$2,050

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,404

Total Expenses

$2,224

Mortgage P&I

45%

$1,077

Property Taxes

11%

$259

Home Insurance

3%

$72

HOA

0%

$0

Property Management

12%

$288

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$264

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