REI Lense

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$1,861 (target)

609 Plum Dr, Florence, SC 29501

3 beds • 2 baths • 2072 sqft

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This property looks like a bad Long-Term investment with a projected -3.06% first-year return on $54,075 initial cash invested.

-3.06%

Cash On Cash

6.06%

Cap Rate

0.97

DSCR

$1,861

Rent

-$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,861 income − $1,999 expenses = $138 out of pocket

Income$1,861Out of Pocket$138Mortgage P&I$1,34572%Property Taxes$804%Insurance$905%Management$18610%CapEx$935%Vacancy$1126%Maintenance$935%

Investment Breakdown

|

Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,075

Downpayment

20%

$51,500

Closing costs

1%

$2,575

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,861

Total Expenses

$1,999

Mortgage P&I

72%

$1,345

Property Taxes

4%

$80

Home Insurance

5%

$90

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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