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$2,066 (target)

400 Meadow Rd, Laurens, SC 29360

3 beds • 2 baths • 1079 sqft

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This property might be a fair Mid-Term investment with a projected 4.44% first-year return on $51,642 initial cash invested.

4.44%

Cash On Cash

8.31%

Cap Rate

1.33

DSCR

$2,066

Rent

$191

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,066 income − $1,875 expenses = $191 cash flow

Income$2,066Mortgage P&I$83640%Property Taxes$27813%Insurance$583%Management$24812%CapEx$834%Vacancy$623%Maintenance$834%Other$22711%Cash Flow$191

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,642

Downpayment

20%

$32,040

Closing costs

1%

$1,602

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,066

Total Expenses

$1,875

Mortgage P&I

40%

$836

Property Taxes

13%

$278

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$248

CapEx

4%

$83

Vacancy

3%

$62

Maintenance

4%

$83

Other

11%

$227

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