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601 Salterton St, Summerville, SC 29485

3 beds • 2 baths • 1470 sqft

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This property might be a fair Mid-Term investment with a projected 5.33% first-year return on $85,536 initial cash invested.

5.33%

Cash On Cash

7.82%

Cap Rate

1.33

DSCR

$3,386

Rent

$380

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$322k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,536

Downpayment

20%

$64,320

Closing costs

1%

$3,216

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,386

Total Expenses

$3,006

Mortgage P&I

47%

$1,582

Property Taxes

4%

$150

Home Insurance

4%

$124

HOA

0%

$0

Property Management

12%

$406

CapEx

4%

$135

Vacancy

3%

$102

Maintenance

4%

$135

Other

11%

$372

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