REI Lense

REI Lense

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$2,002 (target)

509 Kittiewake Ln, Clover, SC 29710

3 beds • 2 baths • 1256 sqft

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This property looks like a bad Long-Term investment with a projected -5.23% first-year return on $62,895 initial cash invested.

-5.23%

Cash On Cash

5.28%

Cap Rate

0.88

DSCR

$2,002

Rent

-$274

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,002 income − $2,276 expenses = $274 out of pocket

Income$2,002Out of Pocket$274Mortgage P&I$1,49275%Property Taxes$1548%Insurance$1105%Management$20010%CapEx$1005%Vacancy$1206%Maintenance$1005%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,895

Downpayment

20%

$59,900

Closing costs

1%

$2,995

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,002

Total Expenses

$2,276

Mortgage P&I

75%

$1,492

Property Taxes

8%

$154

Home Insurance

5%

$110

HOA

0%

$0

Property Management

10%

$200

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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