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$2,406 (target)

3035 Elmhurst Dr, Boiling Springs, SC 29316

3 beds • 2 baths • 1363 sqft

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This property might be a fair Mid-Term investment with a projected 0.74% first-year return on $74,679 initial cash invested.

0.74%

Cash On Cash

6.8%

Cap Rate

1.1

DSCR

$2,406

Rent

$46

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,406 income − $2,360 expenses = $46 cash flow

Income$2,406Mortgage P&I$1,38758%Property Taxes$613%Insurance$944%Management$28912%CapEx$964%Vacancy$723%Maintenance$964%Other$26511%Cash Flow$46

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,406

Total Expenses

$2,360

Mortgage P&I

58%

$1,387

Property Taxes

3%

$61

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$289

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$265

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