REI Lense

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$3,381 (target)

3311 Overcreek Rd, Columbia, SC 29206

3 beds • 3 baths • 2625 sqft

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This property might be a fair Mid-Term investment with a projected 0.74% first-year return on $90,828 initial cash invested.

0.74%

Cash On Cash

6.71%

Cap Rate

1.11

DSCR

$3,381

Rent

$56

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,381 income − $3,325 expenses = $56 cash flow

Income$3,381Mortgage P&I$1,74752%Property Taxes$2828%Insurance$1224%HOA$251%Management$40612%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37211%Cash Flow$56

Investment Breakdown

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Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,828

Downpayment

20%

$69,360

Closing costs

1%

$3,468

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,381

Total Expenses

$3,325

Mortgage P&I

52%

$1,747

Property Taxes

8%

$282

Home Insurance

4%

$122

HOA

1%

$25

Property Management

12%

$406

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$372

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