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$2,496 (target)

309 Academy St, Fort Mill, SC 29715

3 beds • 2 baths • 1215 sqft

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This property looks like a bad Mid-Term investment with a projected -4.42% first-year return on $84,150 initial cash invested.

-4.42%

Cash On Cash

5.27%

Cap Rate

0.87

DSCR

$2,496

Rent

-$310

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,496 income − $2,806 expenses = $310 out of pocket

Income$2,496Out of Pocket$310Mortgage P&I$1,59364%Property Taxes$2329%Insurance$1315%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,496

Total Expenses

$2,806

Mortgage P&I

64%

$1,593

Property Taxes

9%

$232

Home Insurance

5%

$131

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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