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$3,520 (target)

510 Horseshoe Dr, Seneca, SC 29678

3 beds • 3 baths • sqft

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This property might be a fair Mid-Term investment with a projected 6.62% first-year return on $86,523 initial cash invested.

6.62%

Cash On Cash

8.15%

Cap Rate

1.39

DSCR

$3,520

Rent

$477

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,520 income − $3,043 expenses = $477 cash flow

Income$3,520Mortgage P&I$1,59945%Property Taxes$1284%Insurance$1193%Management$42212%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38711%Cash Flow$477

Investment Breakdown

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Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,523

Downpayment

20%

$65,260

Closing costs

1%

$3,263

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,520

Total Expenses

$3,043

Mortgage P&I

45%

$1,599

Property Taxes

4%

$128

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$422

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$387

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