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$2,640 (target)

301 W Finger St, Landrum, SC 29356

3 beds • 2 baths • 1560 sqft

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This property looks like a bad Mid-Term investment with a projected -7.09% first-year return on $88,560 initial cash invested.

-7.09%

Cash On Cash

4.7%

Cap Rate

0.76

DSCR

$2,640

Rent

-$523

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,640 income − $3,163 expenses = $523 out of pocket

Income$2,640Out of Pocket$523Mortgage P&I$1,73366%Property Taxes$41016%Insurance$1225%Management$31712%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29011%

Investment Breakdown

|

Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,560

Downpayment

20%

$67,200

Closing costs

1%

$3,360

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,640

Total Expenses

$3,163

Mortgage P&I

66%

$1,733

Property Taxes

16%

$410

Home Insurance

5%

$122

HOA

0%

$0

Property Management

12%

$317

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$290

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