REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3573 Locklear Ln, Mount Pleasant, SC 29466

3 beds • 3 baths • 1314 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.54% first-year return on $131k initial cash invested.

-8.54%

Cash On Cash

4.21%

Cap Rate

0.71

DSCR

$3,897

Rent

-$935

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,897 income − $4,832 expenses = $935 out of pocket

Income$3,897Out of Pocket$935Mortgage P&I$2,67469%Property Taxes$952%Insurance$1925%Management$58515%CapEx$1564%Maintenance$1564%Other$97425%

Investment Breakdown

|

Purchase Price

$540k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,399

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,897

Total Expenses

$4,832

Mortgage P&I

69%

$2,674

Property Taxes

2%

$95

Home Insurance

5%

$192

HOA

0%

$0

Property Management

15%

$585

CapEx

4%

$156

Vacancy

0%

$0

Maintenance

4%

$156

Other

25%

$974

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis