REI Lense

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$2,535 (target)

3457 Kates Bay Hwy., Conway, SC 29527

3 beds • 2 baths • 1338 sqft

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This property looks like a bad Mid-Term investment with a projected 0% first-year return on $77,829 initial cash invested.

0%

Cash On Cash

6.69%

Cap Rate

1.07

DSCR

$2,535

Rent

$0

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,535 income − $2,535 expenses = $0 cash flow

Income$2,535Mortgage P&I$1,48859%Property Taxes$863%Insurance$1004%Management$30412%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27911%

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,829

Downpayment

20%

$56,980

Closing costs

1%

$2,849

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,535

Total Expenses

$2,535

Mortgage P&I

59%

$1,488

Property Taxes

3%

$86

Home Insurance

4%

$100

HOA

0%

$0

Property Management

12%

$304

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$279

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