REI Lense

REI Lense

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$2,524 (target)

721 Riding Ridge Ct, Aiken, SC 29801

3 beds • 3 baths • 2215 sqft

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This property looks like a bad Long-Term investment with a projected -17.99% first-year return on $148k initial cash invested.

-17.99%

Cash On Cash

2.47%

Cap Rate

0.41

DSCR

$2,524

Rent

-$2,219

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,524 income − $4,743 expenses = $2,219 out of pocket

Income$2,524Out of Pocket$2,219Mortgage P&I$3,543140%Property Taxes$2309%Insurance$25610%HOA$592%Management$25210%CapEx$1265%Vacancy$1516%Maintenance$1265%

Investment Breakdown

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Purchase Price

$705k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$141k

Closing costs

1%

$7,048

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,524

Total Expenses

$4,743

Mortgage P&I

140%

$3,543

Property Taxes

9%

$230

Home Insurance

10%

$256

HOA

2%

$59

Property Management

10%

$252

CapEx

5%

$126

Vacancy

6%

$151

Maintenance

5%

$126

Other

0%

$0

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