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$2,862 (target)

308 Algrave Way, Columbia, SC 29229

3 beds • 2 baths • 1630 sqft

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This property might be a fair Mid-Term investment with a projected 3.61% first-year return on $68,400 initial cash invested.

3.61%

Cash On Cash

7.62%

Cap Rate

1.27

DSCR

$2,862

Rent

$206

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,862 income − $2,656 expenses = $206 cash flow

Income$2,862Mortgage P&I$1,20442%Property Taxes$36513%Insurance$843%HOA$311%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31511%Cash Flow$206

Investment Breakdown

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Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,400

Downpayment

20%

$48,000

Closing costs

1%

$2,400

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,862

Total Expenses

$2,656

Mortgage P&I

42%

$1,204

Property Taxes

13%

$365

Home Insurance

3%

$84

HOA

1%

$31

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$315

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