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40 Harding Dr, Greenville, SC 29609

2 beds • 2 baths • 2564 sqft

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This property looks like a bad Long-Term investment with a projected -21.93% first-year return on $162k initial cash invested.

-21.93%

Cash On Cash

1.55%

Cap Rate

0.26

DSCR

$1,880

Rent

-$2,969

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$774k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$162k

Downpayment

20%

$155k

Closing costs

1%

$7,735

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,880

Total Expenses

$4,849

Mortgage P&I

206%

$3,876

Property Taxes

10%

$195

Home Insurance

15%

$289

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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2

1.5

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2

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2

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1.1 mi

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2

2.5

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1.8 mi

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1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

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$2,850

5

4

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0.6 mi

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2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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