REI Lense

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$2,355 (target)

4921 Franconia Dr, Summerville, SC 29485

3 beds • 3 baths • 1908 sqft

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This property looks like a bad Long-Term investment with a projected -7.57% first-year return on $77,154 initial cash invested.

-7.57%

Cash On Cash

5.06%

Cap Rate

0.81

DSCR

$2,355

Rent

-$487

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,355 income − $2,842 expenses = $487 out of pocket

Income$2,355Out of Pocket$487Mortgage P&I$1,91981%Property Taxes$1818%Insurance$1295%Management$23610%CapEx$1185%Vacancy$1416%Maintenance$1185%

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,154

Downpayment

20%

$73,480

Closing costs

1%

$3,674

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,355

Total Expenses

$2,842

Mortgage P&I

81%

$1,919

Property Taxes

8%

$181

Home Insurance

5%

$129

HOA

0%

$0

Property Management

10%

$236

CapEx

5%

$118

Vacancy

6%

$141

Maintenance

5%

$118

Other

0%

$0

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