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$2,660 (target)

794 Highway 418, Simpsonville, SC 29680

3 beds • 2 baths • 1269 sqft

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This property looks like a bad Mid-Term investment with a projected -13.05% first-year return on $139k initial cash invested.

-13.05%

Cash On Cash

3.1%

Cap Rate

0.51

DSCR

$2,660

Rent

-$1,509

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,660 income − $4,169 expenses = $1,509 out of pocket

Income$2,660Out of Pocket$1,509Mortgage P&I$2,890109%Property Taxes$1747%Insurance$2018%Management$31912%CapEx$1064%Vacancy$803%Maintenance$1064%Other$29311%

Investment Breakdown

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Purchase Price

$575k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$115k

Closing costs

1%

$5,749

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,660

Total Expenses

$4,169

Mortgage P&I

109%

$2,890

Property Taxes

7%

$174

Home Insurance

8%

$201

HOA

0%

$0

Property Management

12%

$319

CapEx

4%

$106

Vacancy

3%

$80

Maintenance

4%

$106

Other

11%

$293

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