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$7,287 (target)

320 Old South Way, Mount Pleasant, SC 29464

3 beds • 3 baths • 2290 sqft

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This property might be a fair Mid-Term investment with a projected 1.6% first-year return on $189k initial cash invested.

1.6%

Cash On Cash

6.89%

Cap Rate

1.13

DSCR

$7,287

Rent

$252

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,287 income − $7,035 expenses = $252 cash flow

Income$7,287Mortgage P&I$4,13457%Property Taxes$1392%Insurance$2854%Management$87412%CapEx$2914%Vacancy$2193%Maintenance$2914%Other$80211%Cash Flow$252

Investment Breakdown

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Purchase Price

$815k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$189k

Downpayment

20%

$163k

Closing costs

1%

$8,149

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,287

Total Expenses

$7,035

Mortgage P&I

57%

$4,134

Property Taxes

2%

$139

Home Insurance

4%

$285

HOA

0%

$0

Property Management

12%

$874

CapEx

4%

$291

Vacancy

3%

$219

Maintenance

4%

$291

Other

11%

$802

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