REI Lense

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$2,180 (target)

796 Club Ln, Sumter, SC 29154

3 beds • 2 baths • 1170 sqft

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This property might be a fair Mid-Term investment with a projected 7.49% first-year return on $58,341 initial cash invested.

7.49%

Cash On Cash

8.69%

Cap Rate

1.48

DSCR

$2,180

Rent

$364

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,180 income − $1,816 expenses = $364 cash flow

Income$2,180Mortgage P&I$94043%Property Taxes$673%Insurance$683%Management$26212%CapEx$874%Vacancy$653%Maintenance$874%Other$24011%Cash Flow$364

Investment Breakdown

|

Purchase Price

$192k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,341

Downpayment

20%

$38,420

Closing costs

1%

$1,921

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,180

Total Expenses

$1,816

Mortgage P&I

43%

$940

Property Taxes

3%

$67

Home Insurance

3%

$68

HOA

0%

$0

Property Management

12%

$262

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$240

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