REI Lense

REI Lense

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$1,951 (target)

4111 Wrens Crossing, Little River, SC 29566

3 beds • 2 baths • 1219 sqft

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This property looks like a bad Long-Term investment with a projected -7.41% first-year return on $68,523 initial cash invested.

-7.41%

Cash On Cash

4.84%

Cap Rate

0.8

DSCR

$1,951

Rent

-$423

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,951 income − $2,374 expenses = $423 out of pocket

Income$1,951Out of Pocket$423Mortgage P&I$1,64184%Property Taxes$583%Insurance$1196%HOA$482%Management$19510%CapEx$985%Vacancy$1176%Maintenance$985%

Investment Breakdown

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Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,523

Downpayment

20%

$65,260

Closing costs

1%

$3,263

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,951

Total Expenses

$2,374

Mortgage P&I

84%

$1,641

Property Taxes

3%

$58

Home Insurance

6%

$119

HOA

2%

$48

Property Management

10%

$195

CapEx

5%

$98

Vacancy

6%

$117

Maintenance

5%

$98

Other

0%

$0

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