REI Lense

REI Lense

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$2,268 (target)

4716 Landerwood Ct, North Charleston, SC 29420

3 beds • 2 baths • 1520 sqft

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This property looks like a bad Long-Term investment with a projected -5.08% first-year return on $69,468 initial cash invested.

-5.08%

Cash On Cash

5.51%

Cap Rate

0.89

DSCR

$2,268

Rent

-$294

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,268 income − $2,562 expenses = $294 out of pocket

Income$2,268Out of Pocket$294Mortgage P&I$1,69975%Property Taxes$1527%Insurance$1225%Management$22710%CapEx$1135%Vacancy$1366%Maintenance$1135%

Investment Breakdown

|

Purchase Price

$331k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,468

Downpayment

20%

$66,160

Closing costs

1%

$3,308

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,268

Total Expenses

$2,562

Mortgage P&I

75%

$1,699

Property Taxes

7%

$152

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$227

CapEx

5%

$113

Vacancy

6%

$136

Maintenance

5%

$113

Other

0%

$0

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