REI Lense

REI Lense

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$1,894 (target)

631 Riveroak Cir, Inman, SC 29349

3 beds • 2 baths • 2084 sqft

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This property looks like a bad Long-Term investment with a projected -2.16% first-year return on $54,390 initial cash invested.

-2.16%

Cash On Cash

5.88%

Cap Rate

1

DSCR

$1,894

Rent

-$98

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,894 income − $1,992 expenses = $98 out of pocket

Income$1,894Out of Pocket$98Mortgage P&I$1,27267%Property Taxes$1367%Insurance$915%Management$18910%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

|

Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,390

Downpayment

20%

$51,800

Closing costs

1%

$2,590

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,894

Total Expenses

$1,992

Mortgage P&I

67%

$1,272

Property Taxes

7%

$136

Home Insurance

5%

$91

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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