REI Lense

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$1,957 (target)

626 Thornbird Cir, Boiling Springs, SC 29316

3 beds • 2 baths • 1525 sqft

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This property might be a fair Long-Term investment with a projected 3.26% first-year return on $44,226 initial cash invested.

3.26%

Cash On Cash

7.47%

Cap Rate

1.2

DSCR

$1,957

Rent

$120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,957 income − $1,837 expenses = $120 cash flow

Income$1,957Mortgage P&I$1,09356%Property Taxes$1156%Insurance$754%HOA$452%Management$19610%CapEx$985%Vacancy$1176%Maintenance$985%Cash Flow$120

Investment Breakdown

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Purchase Price

$211k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,226

Downpayment

20%

$42,120

Closing costs

1%

$2,106

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,957

Total Expenses

$1,837

Mortgage P&I

56%

$1,093

Property Taxes

6%

$115

Home Insurance

4%

$75

HOA

2%

$45

Property Management

10%

$196

CapEx

5%

$98

Vacancy

6%

$117

Maintenance

5%

$98

Other

0%

$0

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