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$4,786 (target)

292 Point Carpenter Rd, Indian Land, SC 29707

3 beds • 4 baths • 2659 sqft

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This property looks like a bad Mid-Term investment with a projected -12.18% first-year return on $170k initial cash invested.

-12.18%

Cash On Cash

3.27%

Cap Rate

0.56

DSCR

$4,786

Rent

-$1,722

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,786 income − $6,508 expenses = $1,722 out of pocket

Income$4,786Out of Pocket$1,722Mortgage P&I$3,49673%Property Taxes$1,08323%Insurance$3036%Management$57412%CapEx$1914%Vacancy$1443%Maintenance$1914%Other$52611%

Investment Breakdown

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Purchase Price

$722k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$170k

Downpayment

20%

$144k

Closing costs

1%

$7,222

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,786

Total Expenses

$6,508

Mortgage P&I

73%

$3,496

Property Taxes

23%

$1,083

Home Insurance

6%

$303

HOA

0%

$0

Property Management

12%

$574

CapEx

4%

$191

Vacancy

3%

$144

Maintenance

4%

$191

Other

11%

$526

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