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$5,016 (target)

307 Grove Rd, Greenville, SC 29605

3 beds • 3 baths • 2145 sqft

$1,054,600

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This property looks like a bad Mid-Term investment with a projected -15.6% first-year return on $239k initial cash invested.

-15.6%

Cash On Cash

2.88%

Cap Rate

0.46

DSCR

$5,016

Rent

-$3,113

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,016 income − $8,129 expenses = $3,113 out of pocket

Income$5,016Out of Pocket$3,113Mortgage P&I$5,442108%Property Taxes$59612%Insurance$3858%Management$60212%CapEx$2014%Vacancy$1503%Maintenance$2014%Other$55211%

Investment Breakdown

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Purchase Price

$1055k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$239k

Downpayment

20%

$211k

Closing costs

1%

$10,546

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,016

Total Expenses

$8,129

Mortgage P&I

108%

$5,442

Property Taxes

12%

$596

Home Insurance

8%

$385

HOA

0%

$0

Property Management

12%

$602

CapEx

4%

$201

Vacancy

3%

$150

Maintenance

4%

$201

Other

11%

$552

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