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$5,988 (target)

3573 Locklear Ln, Mount Pleasant, SC 29466

3 beds • 3 baths • 1314 sqft

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This property might be a fair Mid-Term investment with a projected 9.03% first-year return on $131k initial cash invested.

9.03%

Cash On Cash

8.67%

Cap Rate

1.46

DSCR

$5,988

Rent

$989

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,988 income − $4,999 expenses = $989 cash flow

Income$5,988Mortgage P&I$2,67445%Property Taxes$952%Insurance$1923%Management$71912%CapEx$2404%Vacancy$1803%Maintenance$2404%Other$65911%Cash Flow$989

Investment Breakdown

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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

$5,988

Total Expenses

$4,999

Mortgage P&I

45%

$2,674

Property Taxes

2%

$95

Home Insurance

3%

$192

HOA

0%

$0

Property Management

12%

$719

CapEx

4%

$240

Vacancy

3%

$180

Maintenance

4%

$240

Other

11%

$659

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