REI Lense

REI Lense

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$2,170 (target)

68 Partridge Ln., Pawleys Island, SC 29585

3 beds • 2 baths • 1488 sqft

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This property looks like a bad Long-Term investment with a projected -8.14% first-year return on $83,160 initial cash invested.

-8.14%

Cash On Cash

4.59%

Cap Rate

0.77

DSCR

$2,170

Rent

-$564

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,170 income − $2,734 expenses = $564 out of pocket

Income$2,170Out of Pocket$564Mortgage P&I$1,97291%Property Taxes$542%Insurance$1457%Management$21710%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,160

Downpayment

20%

$79,200

Closing costs

1%

$3,960

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,170

Total Expenses

$2,734

Mortgage P&I

91%

$1,972

Property Taxes

2%

$54

Home Insurance

7%

$145

HOA

0%

$0

Property Management

10%

$217

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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