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$4,275 (target)

4286 Monterey Dr, Florence, SC 29501

3 beds • 3 baths • 3074 sqft

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This property looks like a bad Mid-Term investment with a projected -3.74% first-year return on $141k initial cash invested.

-3.74%

Cash On Cash

5.31%

Cap Rate

0.91

DSCR

$4,275

Rent

-$440

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,275 income − $4,715 expenses = $440 out of pocket

Income$4,275Out of Pocket$440Mortgage P&I$2,86967%Property Taxes$1774%Insurance$2085%HOA$8Management$51312%CapEx$1714%Vacancy$1283%Maintenance$1714%Other$47011%

Investment Breakdown

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Purchase Price

$587k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$117k

Closing costs

1%

$5,871

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,275

Total Expenses

$4,715

Mortgage P&I

67%

$2,869

Property Taxes

4%

$177

Home Insurance

5%

$208

HOA

0%

$8

Property Management

12%

$513

CapEx

4%

$171

Vacancy

3%

$128

Maintenance

4%

$171

Other

11%

$470

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