8390 Highland Ridge Ct, North Charleston, SC 29420
3 beds • 3 baths • 1778 sqft
$365,000
View on ZillowThis property might be a fair Mid-Term investment with a projected 1.53% first-year return on $94,650 initial cash invested.
1.53%
Cash On Cash
7.38%
Cap Rate
1.13
DSCR
$3,534
Rent
$121
Cashflow
Cash Flow
$3,534 income − $3,413 expenses = $121 cash flow
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,650
Downpayment
20%
$73,000
Closing costs
1%
$3,650
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,534
Total Expenses
$3,413
Mortgage P&I
56%
$1,984
Property Taxes
3%
$100
Home Insurance
4%
$128
HOA
0%
$0
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$389