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312 Engelmann Ln, Simpsonville, SC 29681

3 beds • 3 baths • 1920 sqft

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This property might be a fair Mid-Term investment with a projected 4.42% first-year return on $82,575 initial cash invested.

4.42%

Cash On Cash

7.45%

Cap Rate

1.3

DSCR

$3,333

Rent

$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$308k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,575

Downpayment

20%

$61,500

Closing costs

1%

$3,075

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,333

Total Expenses

$3,029

Mortgage P&I

44%

$1,471

Property Taxes

10%

$317

Home Insurance

3%

$108

HOA

0%

$0

Property Management

12%

$400

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$367

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