REI Lense

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$2,306 (target)

390 Tannery Way, Lexington, SC 29073

3 beds • 3 baths • 2368 sqft

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This property looks like a bad Long-Term investment with a projected -7.85% first-year return on $78,225 initial cash invested.

-7.85%

Cash On Cash

4.74%

Cap Rate

0.79

DSCR

$2,306

Rent

-$512

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,306 income − $2,818 expenses = $512 out of pocket

Income$2,306Out of Pocket$512Mortgage P&I$1,86781%Property Taxes$1677%Insurance$1316%HOA$542%Management$23110%CapEx$1155%Vacancy$1386%Maintenance$1155%

Investment Breakdown

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Purchase Price

$373k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,225

Downpayment

20%

$74,500

Closing costs

1%

$3,725

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,306

Total Expenses

$2,818

Mortgage P&I

81%

$1,867

Property Taxes

7%

$167

Home Insurance

6%

$131

HOA

2%

$54

Property Management

10%

$231

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

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