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8 E St, Greenville, SC 29611

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Long-Term investment with a projected -7.98% first-year return on $76,419 initial cash invested.

-7.98%

Cash On Cash

4.36%

Cap Rate

0.77

DSCR

$2,040

Rent

-$508

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$364k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,419

Downpayment

20%

$72,780

Closing costs

1%

$3,639

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,040

Total Expenses

$2,548

Mortgage P&I

85%

$1,728

Property Taxes

8%

$159

Home Insurance

6%

$131

HOA

0%

$0

Property Management

10%

$204

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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Comparable Property

Rent

Beds

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SQFT

Distance

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3

2

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2

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1 mi

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1.3 mi

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2

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0.9 mi

2022 S American St

$2,850

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4

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0.6 mi

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2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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