REI Lense

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$4,816 (target)

4048 Clapton Dr, Lancaster, SC 29720

3 beds • 3 baths • 2568 sqft

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This property looks like a bad Mid-Term investment with a projected -0.89% first-year return on $127k initial cash invested.

-0.89%

Cash On Cash

6.34%

Cap Rate

1.04

DSCR

$4,816

Rent

-$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,816 income − $4,910 expenses = $94 out of pocket

Income$4,816Out of Pocket$94Mortgage P&I$2,64955%Property Taxes$3708%Insurance$1844%HOA$691%Management$57812%CapEx$1934%Vacancy$1443%Maintenance$1934%Other$53011%

Investment Breakdown

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Purchase Price

$520k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,202

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,816

Total Expenses

$4,910

Mortgage P&I

55%

$2,649

Property Taxes

8%

$370

Home Insurance

4%

$184

HOA

1%

$69

Property Management

12%

$578

CapEx

4%

$193

Vacancy

3%

$144

Maintenance

4%

$193

Other

11%

$530

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