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$4,246 (target)

8401 Shelley Mullis Rd, Indian Land, SC 29707

3 beds • 3 baths • 3070 sqft

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This property looks like a bad Mid-Term investment with a projected -6.09% first-year return on $145k initial cash invested.

-6.09%

Cash On Cash

4.97%

Cap Rate

0.82

DSCR

$4,246

Rent

-$735

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,246 income − $4,981 expenses = $735 out of pocket

Income$4,246Out of Pocket$735Mortgage P&I$3,06772%Property Taxes$2516%Insurance$2195%Management$51012%CapEx$1704%Vacancy$1273%Maintenance$1704%Other$46711%

Investment Breakdown

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Purchase Price

$604k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$121k

Closing costs

1%

$6,041

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,246

Total Expenses

$4,981

Mortgage P&I

72%

$3,067

Property Taxes

6%

$251

Home Insurance

5%

$219

HOA

0%

$0

Property Management

12%

$510

CapEx

4%

$170

Vacancy

3%

$127

Maintenance

4%

$170

Other

11%

$467

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