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$3,962 (target)

748 Lagan Ct, Fort Mill, SC 29715

3 beds • 2 baths • 2019 sqft

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This property looks like a bad Mid-Term investment with a projected -4.24% first-year return on $128k initial cash invested.

-4.24%

Cash On Cash

5.24%

Cap Rate

0.89

DSCR

$3,962

Rent

-$453

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,962 income − $4,415 expenses = $453 out of pocket

Income$3,962Out of Pocket$453Mortgage P&I$2,58965%Property Taxes$2015%Insurance$1875%HOA$922%Management$47512%CapEx$1584%Vacancy$1193%Maintenance$1584%Other$43611%

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,254

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,962

Total Expenses

$4,415

Mortgage P&I

65%

$2,589

Property Taxes

5%

$201

Home Insurance

5%

$187

HOA

2%

$92

Property Management

12%

$475

CapEx

4%

$158

Vacancy

3%

$119

Maintenance

4%

$158

Other

11%

$436

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