REI Lense

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$3,494 (target)

8 Latham Cir, Charleston, SC 29407

3 beds • 3 baths • 1922 sqft

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This property looks like a bad Long-Term investment with a projected -8.49% first-year return on $130k initial cash invested.

-8.49%

Cash On Cash

4.58%

Cap Rate

0.76

DSCR

$3,494

Rent

-$918

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,494 income − $4,412 expenses = $918 out of pocket

Income$3,494Out of Pocket$918Mortgage P&I$3,10089%Property Taxes$1795%Insurance$2246%Management$34910%CapEx$1755%Vacancy$2106%Maintenance$1755%

Investment Breakdown

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Purchase Price

$618k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$124k

Closing costs

1%

$6,179

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,494

Total Expenses

$4,412

Mortgage P&I

89%

$3,100

Property Taxes

5%

$179

Home Insurance

6%

$224

HOA

0%

$0

Property Management

10%

$349

CapEx

5%

$175

Vacancy

6%

$210

Maintenance

5%

$175

Other

0%

$0

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