REI Lense

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$3,443 (target)

44 Porch Ln., Pawleys Island, SC 29585

3 beds • 2 baths • 1894 sqft

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This property might be a fair Long-Term investment with a projected 0.32% first-year return on $90,426 initial cash invested.

0.32%

Cash On Cash

6.45%

Cap Rate

1.09

DSCR

$3,443

Rent

$24

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,443 income − $3,419 expenses = $24 cash flow

Income$3,443Mortgage P&I$2,11862%Property Taxes$1264%Insurance$1555%HOA$1254%Management$34410%CapEx$1725%Vacancy$2076%Maintenance$1725%Cash Flow$24

Investment Breakdown

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Purchase Price

$431k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,426

Downpayment

20%

$86,120

Closing costs

1%

$4,306

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,443

Total Expenses

$3,419

Mortgage P&I

62%

$2,118

Property Taxes

4%

$126

Home Insurance

5%

$155

HOA

4%

$125

Property Management

10%

$344

CapEx

5%

$172

Vacancy

6%

$207

Maintenance

5%

$172

Other

0%

$0

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