REI Lense

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$3,396 (target)

341 Foxport Dr, Chapin, SC 29036

3 beds • 3 baths • 2388 sqft

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This property might be a fair Mid-Term investment with a projected 6.21% first-year return on $83,667 initial cash invested.

6.21%

Cash On Cash

8.08%

Cap Rate

1.37

DSCR

$3,396

Rent

$433

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,396 income − $2,963 expenses = $433 cash flow

Income$3,396Mortgage P&I$1,53645%Property Taxes$1294%Insurance$1113%HOA$311%Management$40812%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37411%Cash Flow$433

Investment Breakdown

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Purchase Price

$313k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,667

Downpayment

20%

$62,540

Closing costs

1%

$3,127

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,396

Total Expenses

$2,963

Mortgage P&I

45%

$1,536

Property Taxes

4%

$129

Home Insurance

3%

$111

HOA

1%

$31

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

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