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$3,212 (target)

421 Spring Hill Rd, Lexington, SC 29072

3 beds • 2 baths • 1450 sqft

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This property might be a fair Mid-Term investment with a projected 5.41% first-year return on $82,071 initial cash invested.

5.41%

Cash On Cash

8.03%

Cap Rate

1.32

DSCR

$3,212

Rent

$370

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,212 income − $2,842 expenses = $370 cash flow

Income$3,212Mortgage P&I$1,54448%Property Taxes$1424%Insurance$662%Management$38512%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35311%Cash Flow$370

Investment Breakdown

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Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,071

Downpayment

20%

$61,020

Closing costs

1%

$3,051

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,212

Total Expenses

$2,842

Mortgage P&I

48%

$1,544

Property Taxes

4%

$142

Home Insurance

2%

$66

HOA

0%

$0

Property Management

12%

$385

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$353

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