8390 Highland Ridge Ct, North Charleston, SC 29420
3 beds • 3 baths • 1778 sqft
$365,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -7.34% first-year return on $76,650 initial cash invested.
-7.34%
Cash On Cash
5.37%
Cap Rate
0.82
DSCR
$2,356
Rent
-$469
Cashflow
Cash Flow
$2,356 income − $2,825 expenses = $469 out of pocket
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,650
Downpayment
20%
$73,000
Closing costs
1%
$3,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,356
Total Expenses
$2,825
Mortgage P&I
84%
$1,984
Property Taxes
4%
$100
Home Insurance
5%
$128
HOA
0%
$0
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$141
Maintenance
5%
$118
Other
0%
$0