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$4,474 (target)

7050 Mariners Ct, Tega Cay, SC 29708

3 beds • 3 baths • 2397 sqft

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This property looks like a bad Mid-Term investment with a projected -11.67% first-year return on $140k initial cash invested.

-11.67%

Cash On Cash

3.52%

Cap Rate

0.59

DSCR

$4,474

Rent

-$1,359

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,474 income − $5,833 expenses = $1,359 out of pocket

Income$4,474Out of Pocket$1,359Mortgage P&I$2,87964%Property Taxes$1,24128%Insurance$1924%Management$53712%CapEx$1794%Vacancy$1343%Maintenance$1794%Other$49211%

Investment Breakdown

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Purchase Price

$580k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,800

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,474

Total Expenses

$5,833

Mortgage P&I

64%

$2,879

Property Taxes

28%

$1,241

Home Insurance

4%

$192

HOA

0%

$0

Property Management

12%

$537

CapEx

4%

$179

Vacancy

3%

$134

Maintenance

4%

$179

Other

11%

$492

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