REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,818 (target)

402 Woodley Rd, Spartanburg, SC 29306

3 beds • 2 baths • 2273 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.3% first-year return on $77,829 initial cash invested.

3.3%

Cash On Cash

7.29%

Cap Rate

1.23

DSCR

$2,818

Rent

$214

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,818 income − $2,604 expenses = $214 cash flow

Income$2,818Mortgage P&I$1,40350%Property Taxes$1425%Insurance$1004%Management$33812%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31011%Cash Flow$214

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,829

Downpayment

20%

$56,980

Closing costs

1%

$2,849

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,818

Total Expenses

$2,604

Mortgage P&I

50%

$1,403

Property Taxes

5%

$142

Home Insurance

4%

$100

HOA

0%

$0

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$310

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis