REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,604 (target)

314 S Fairplay St, Seneca, SC 29678

3 beds • 2 baths • 1682 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.77% first-year return on $61,173 initial cash invested.

-8.77%

Cash On Cash

4.35%

Cap Rate

0.74

DSCR

$1,604

Rent

-$447

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,604 income − $2,051 expenses = $447 out of pocket

Income$1,604Out of Pocket$447Mortgage P&I$1,42289%Property Taxes$1087%Insurance$1057%Management$16010%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,173

Downpayment

20%

$58,260

Closing costs

1%

$2,913

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,604

Total Expenses

$2,051

Mortgage P&I

89%

$1,422

Property Taxes

7%

$108

Home Insurance

7%

$105

HOA

0%

$0

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis