REI Lense

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$3,305 (target)

3507 Patton Ave, Johns Island, SC 29455

3 beds • 2 baths • 1448 sqft

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This property looks like a bad Long-Term investment with a projected -1.78% first-year return on $93,639 initial cash invested.

-1.78%

Cash On Cash

6.08%

Cap Rate

1.01

DSCR

$3,305

Rent

-$139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,305 income − $3,444 expenses = $139 out of pocket

Income$3,305Out of Pocket$139Mortgage P&I$2,23568%Property Taxes$1906%Insurance$1615%Management$33010%CapEx$1655%Vacancy$1986%Maintenance$1655%

Investment Breakdown

|

Purchase Price

$446k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,639

Downpayment

20%

$89,180

Closing costs

1%

$4,459

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,305

Total Expenses

$3,444

Mortgage P&I

68%

$2,235

Property Taxes

6%

$190

Home Insurance

5%

$161

HOA

0%

$0

Property Management

10%

$330

CapEx

5%

$165

Vacancy

6%

$198

Maintenance

5%

$165

Other

0%

$0

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