REI Lense

REI Lense

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$2,407 (target)

3385 Millstone Creek Rd, Lancaster, SC 29720

3 beds • 3 baths • 2385 sqft

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This property looks like a bad Long-Term investment with a projected -18.93% first-year return on $133k initial cash invested.

-18.93%

Cash On Cash

2.77%

Cap Rate

0.42

DSCR

$2,407

Rent

-$2,096

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,407 income − $4,503 expenses = $2,096 out of pocket

Income$2,407Out of Pocket$2,096Mortgage P&I$3,434143%Property Taxes$1767%Insurance$2289%HOA$402%Management$24110%CapEx$1205%Vacancy$1446%Maintenance$1205%

Investment Breakdown

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Purchase Price

$633k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$127k

Closing costs

1%

$6,326

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,407

Total Expenses

$4,503

Mortgage P&I

143%

$3,434

Property Taxes

7%

$176

Home Insurance

9%

$228

HOA

2%

$40

Property Management

10%

$241

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

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