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306 Hook Ln, Mount Pleasant, SC 29464

4 beds • 2 baths • 2134 sqft

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This property looks like a bad Long-Term investment with a projected -13.03% first-year return on $189k initial cash invested.

-13.03%

Cash On Cash

3.45%

Cap Rate

0.58

DSCR

$3,900

Rent

-$2,051

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$900k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$189k

Downpayment

20%

$180k

Closing costs

1%

$8,997

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,900

Total Expenses

$5,951

Mortgage P&I

114%

$4,439

Property Taxes

4%

$171

Home Insurance

8%

$327

HOA

0%

$0

Property Management

10%

$390

CapEx

5%

$195

Vacancy

6%

$234

Maintenance

5%

$195

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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3

2

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0.9 mi

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

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$2,850

5

4

3030

0.6 mi

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2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

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$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

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