REI Lense

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$1,908 (target)

3977 Beckford St, Florence, SC 29501

3 beds • 2 baths • 1506 sqft

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This property looks like a bad Long-Term investment with a projected -3.96% first-year return on $57,540 initial cash invested.

-3.96%

Cash On Cash

5.71%

Cap Rate

0.93

DSCR

$1,908

Rent

-$190

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,908 income − $2,098 expenses = $190 out of pocket

Income$1,908Out of Pocket$190Mortgage P&I$1,39873%Property Taxes$1015%Insurance$965%HOA$8Management$19110%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

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Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,540

Downpayment

20%

$54,800

Closing costs

1%

$2,740

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,908

Total Expenses

$2,098

Mortgage P&I

73%

$1,398

Property Taxes

5%

$101

Home Insurance

5%

$96

HOA

0%

$8

Property Management

10%

$191

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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