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$3,204 (target)

303 Pelham Falls Dr, Greer, SC 29651

3 beds • 3 baths • 2560 sqft

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This property looks like a bad Mid-Term investment with a projected -6.15% first-year return on $119k initial cash invested.

-6.15%

Cash On Cash

4.92%

Cap Rate

0.8

DSCR

$3,204

Rent

-$609

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,204 income − $3,813 expenses = $609 out of pocket

Income$3,204Out of Pocket$609Mortgage P&I$2,44976%Property Taxes$1033%Insurance$1735%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%

Investment Breakdown

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Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,000

Closing costs

1%

$4,800

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,204

Total Expenses

$3,813

Mortgage P&I

76%

$2,449

Property Taxes

3%

$103

Home Insurance

5%

$173

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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