REI Lense

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$1,765 (target)

801 Longforest Dr, Seneca, SC 29672

3 beds • 2 baths • 1562 sqft

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This property might be a fair Long-Term investment with a projected 2.51% first-year return on $42,000 initial cash invested.

2.51%

Cash On Cash

7.51%

Cap Rate

1.16

DSCR

$1,765

Rent

$88

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,765 income − $1,677 expenses = $88 cash flow

Income$1,765Mortgage P&I$1,07661%Property Taxes$734%Insurance$704%Management$17610%CapEx$885%Vacancy$1066%Maintenance$885%Cash Flow$88

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,765

Total Expenses

$1,677

Mortgage P&I

61%

$1,076

Property Taxes

4%

$73

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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