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$3,267 (target)

402 Black Horse Rd, Moncks Corner, SC 29461

3 beds • 2 baths • 1835 sqft

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This property might be a fair Mid-Term investment with a projected 4.32% first-year return on $87,174 initial cash invested.

4.32%

Cash On Cash

7.6%

Cap Rate

1.27

DSCR

$3,267

Rent

$314

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,267 income − $2,953 expenses = $314 cash flow

Income$3,267Mortgage P&I$1,64150%Property Taxes$843%Insurance$1174%Management$39212%CapEx$1314%Vacancy$983%Maintenance$1314%Other$35911%Cash Flow$314

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,174

Downpayment

20%

$65,880

Closing costs

1%

$3,294

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,267

Total Expenses

$2,953

Mortgage P&I

50%

$1,641

Property Taxes

3%

$84

Home Insurance

4%

$117

HOA

0%

$0

Property Management

12%

$392

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$359

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