REI Lense

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$2,672 (target)

3223 Glendale Rd, West Columbia, SC 29170

3 beds • 2 baths • 1500 sqft

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This property might be a fair Mid-Term investment with a projected 6.75% first-year return on $68,631 initial cash invested.

6.75%

Cash On Cash

8.79%

Cap Rate

1.39

DSCR

$2,672

Rent

$386

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,672 income − $2,286 expenses = $386 cash flow

Income$2,672Mortgage P&I$1,27348%Property Taxes$171%Insurance$873%Management$32112%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29411%Cash Flow$386

Investment Breakdown

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Purchase Price

$241k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,631

Downpayment

20%

$48,220

Closing costs

1%

$2,411

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,672

Total Expenses

$2,286

Mortgage P&I

48%

$1,273

Property Taxes

1%

$17

Home Insurance

3%

$87

HOA

0%

$0

Property Management

12%

$321

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$294

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