REI Lense

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$1,700 (target)

807 Trester Ln, Inman, SC 29349

3 beds • 2 baths • 1432 sqft

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This property looks like a bad Long-Term investment with a projected -10.88% first-year return on $52,605 initial cash invested.

-10.88%

Cash On Cash

4.07%

Cap Rate

0.68

DSCR

$1,700

Rent

-$477

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,700 income − $2,177 expenses = $477 out of pocket

Income$1,700Out of Pocket$477Mortgage P&I$1,24173%Property Taxes$40524%Insurance$895%Management$17010%CapEx$855%Vacancy$1026%Maintenance$855%

Investment Breakdown

|

Purchase Price

$251k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,605

Downpayment

20%

$50,100

Closing costs

1%

$2,505

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,700

Total Expenses

$2,177

Mortgage P&I

73%

$1,241

Property Taxes

24%

$405

Home Insurance

5%

$89

HOA

0%

$0

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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