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$2,792 (target)

609 Plum Dr, Florence, SC 29501

3 beds • 2 baths • 2072 sqft

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This property might be a fair Mid-Term investment with a projected 5.44% first-year return on $72,075 initial cash invested.

5.44%

Cash On Cash

8.31%

Cap Rate

1.33

DSCR

$2,792

Rent

$327

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,792 income − $2,465 expenses = $327 cash flow

Income$2,792Mortgage P&I$1,34548%Property Taxes$803%Insurance$903%Management$33512%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30711%Cash Flow$327

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,075

Downpayment

20%

$51,500

Closing costs

1%

$2,575

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,792

Total Expenses

$2,465

Mortgage P&I

48%

$1,345

Property Taxes

3%

$80

Home Insurance

3%

$90

HOA

0%

$0

Property Management

12%

$335

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$307

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