REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,430 (target)

497 Kent St, Spartanburg, SC 29301

3 beds • 2 baths • 1696 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.31% first-year return on $60,816 initial cash invested.

-11.31%

Cash On Cash

3.87%

Cap Rate

0.65

DSCR

$1,430

Rent

-$573

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,430 income − $2,003 expenses = $573 out of pocket

Income$1,430Out of Pocket$573Mortgage P&I$1,435100%Property Taxes$906%Insurance$1057%Management$14310%CapEx$725%Vacancy$866%Maintenance$725%

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,816

Downpayment

20%

$57,920

Closing costs

1%

$2,896

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,430

Total Expenses

$2,003

Mortgage P&I

100%

$1,435

Property Taxes

6%

$90

Home Insurance

7%

$105

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$72

Vacancy

6%

$86

Maintenance

5%

$72

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis