REI Lense

REI Lense

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$2,280 (target)

425 Hannon Rd, Inman, SC 29349

3 beds • 2 baths • 1376 sqft

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This property looks like a bad Mid-Term investment with a projected -7.46% first-year return on $92,844 initial cash invested.

-7.46%

Cash On Cash

4.33%

Cap Rate

0.73

DSCR

$2,280

Rent

-$577

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,844

Downpayment

20%

$71,280

Closing costs

1%

$3,564

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,280

Total Expenses

$2,857

Mortgage P&I

78%

$1,772

Property Taxes

8%

$182

Home Insurance

6%

$128

HOA

0%

$0

Property Management

12%

$274

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$251

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