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$2,980 (target)

622 Neelys Creek Rd, Rock Hill, SC 29730

3 beds • 2 baths • 1554 sqft

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This property looks like a bad Mid-Term investment with a projected -5.09% first-year return on $114k initial cash invested.

-5.09%

Cash On Cash

4.94%

Cap Rate

0.84

DSCR

$2,980

Rent

-$482

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,980 income − $3,462 expenses = $482 out of pocket

Income$2,980Out of Pocket$482Mortgage P&I$2,23575%Property Taxes$552%Insurance$1595%Management$35812%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%

Investment Breakdown

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Purchase Price

$455k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,000

Closing costs

1%

$4,550

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,980

Total Expenses

$3,462

Mortgage P&I

75%

$2,235

Property Taxes

2%

$55

Home Insurance

5%

$159

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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