REI Lense

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$1,760 (target)

301 W Finger St, Landrum, SC 29356

3 beds • 2 baths • 1560 sqft

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This property looks like a bad Long-Term investment with a projected -16.38% first-year return on $70,560 initial cash invested.

-16.38%

Cash On Cash

3.06%

Cap Rate

0.5

DSCR

$1,760

Rent

-$963

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,760 income − $2,723 expenses = $963 out of pocket

Income$1,760Out of Pocket$963Mortgage P&I$1,73398%Property Taxes$41023%Insurance$1227%Management$17610%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

|

Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,560

Downpayment

20%

$67,200

Closing costs

1%

$3,360

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,760

Total Expenses

$2,723

Mortgage P&I

98%

$1,733

Property Taxes

23%

$410

Home Insurance

7%

$122

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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