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$3,124 (target)

3 Watercrest Ct, Simpsonville, SC 29680

3 beds • 3 baths • 1995 sqft

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This property might be a fair Mid-Term investment with a projected 1.23% first-year return on $85,158 initial cash invested.

1.23%

Cash On Cash

7.47%

Cap Rate

1.12

DSCR

$3,124

Rent

$87

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,124 income − $3,037 expenses = $87 cash flow

Income$3,124Mortgage P&I$1,77957%Property Taxes$813%Insurance$1144%Management$37512%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34411%Cash Flow$87

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,158

Downpayment

20%

$63,960

Closing costs

1%

$3,198

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,124

Total Expenses

$3,037

Mortgage P&I

57%

$1,779

Property Taxes

3%

$81

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$375

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$344

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