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$3,030 (target)

321 Corinne Ln., Conway, SC 29526

3 beds • 2 baths • 1451 sqft

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This property might be a fair Mid-Term investment with a projected 6.51% first-year return on $76,716 initial cash invested.

6.51%

Cash On Cash

8.46%

Cap Rate

1.37

DSCR

$3,030

Rent

$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,030 income − $2,614 expenses = $416 cash flow

Income$3,030Mortgage P&I$1,43447%Property Taxes$482%Insurance$1023%Management$36412%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33311%Cash Flow$416

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,716

Downpayment

20%

$55,920

Closing costs

1%

$2,796

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,030

Total Expenses

$2,614

Mortgage P&I

47%

$1,434

Property Taxes

2%

$48

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$364

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

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