REI Lense

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$2,903 (target)

3572 Berryhill Rd, Johns Island, SC 29455

3 beds • 2 baths • 1440 sqft

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This property looks like a bad Long-Term investment with a projected -5.81% first-year return on $95,277 initial cash invested.

-5.81%

Cash On Cash

5.33%

Cap Rate

0.86

DSCR

$2,903

Rent

-$461

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,903 income − $3,364 expenses = $461 out of pocket

Income$2,903Out of Pocket$461Mortgage P&I$2,33080%Property Taxes$1284%Insurance$1525%Management$29010%CapEx$1455%Vacancy$1746%Maintenance$1455%

Investment Breakdown

|

Purchase Price

$454k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,277

Downpayment

20%

$90,740

Closing costs

1%

$4,537

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,903

Total Expenses

$3,364

Mortgage P&I

80%

$2,330

Property Taxes

4%

$128

Home Insurance

5%

$152

HOA

0%

$0

Property Management

10%

$290

CapEx

5%

$145

Vacancy

6%

$174

Maintenance

5%

$145

Other

0%

$0

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