REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,906 (target)

494 Royal Oak Dr, Spartanburg, SC 29302

3 beds • 2 baths • 1847 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.6% first-year return on $80,979 initial cash invested.

1.6%

Cash On Cash

7.17%

Cap Rate

1.14

DSCR

$2,906

Rent

$108

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,906 income − $2,798 expenses = $108 cash flow

Income$2,906Mortgage P&I$1,56754%Property Taxes$1385%Insurance$1054%Management$34912%CapEx$1164%Vacancy$873%Maintenance$1164%Other$32011%Cash Flow$108

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,906

Total Expenses

$2,798

Mortgage P&I

54%

$1,567

Property Taxes

5%

$138

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$349

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$320

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis