REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,947 (target)

293 Berry Rd, Boiling Springs, SC 29316

3 beds • 3 baths • 2546 sqft

Email

This property looks like a bad Long-Term investment with a projected -15.7% first-year return on $101k initial cash invested.

-15.7%

Cash On Cash

3.21%

Cap Rate

0.51

DSCR

$1,947

Rent

-$1,325

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,947 income − $3,272 expenses = $1,325 out of pocket

Income$1,947Out of Pocket$1,325Mortgage P&I$2,520129%Property Taxes$714%Insurance$1759%Management$19510%CapEx$975%Vacancy$1176%Maintenance$975%

Investment Breakdown

|

Purchase Price

$482k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$96,480

Closing costs

1%

$4,824

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,947

Total Expenses

$3,272

Mortgage P&I

129%

$2,520

Property Taxes

4%

$71

Home Insurance

9%

$175

HOA

0%

$0

Property Management

10%

$195

CapEx

5%

$97

Vacancy

6%

$117

Maintenance

5%

$97

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis