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$3,610 (target)

3385 Millstone Creek Rd, Lancaster, SC 29720

3 beds • 3 baths • 2385 sqft

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This property looks like a bad Mid-Term investment with a projected -11.88% first-year return on $151k initial cash invested.

-11.88%

Cash On Cash

3.95%

Cap Rate

0.61

DSCR

$3,610

Rent

-$1,494

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,610 income − $5,104 expenses = $1,494 out of pocket

Income$3,610Out of Pocket$1,494Mortgage P&I$3,43495%Property Taxes$1765%Insurance$2286%HOA$401%Management$43312%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39711%

Investment Breakdown

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Purchase Price

$633k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$127k

Closing costs

1%

$6,326

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,610

Total Expenses

$5,104

Mortgage P&I

95%

$3,434

Property Taxes

5%

$176

Home Insurance

6%

$228

HOA

1%

$40

Property Management

12%

$433

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$397

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