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$2,831 (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 Long-Term investment with a projected -13.65% first-year return on $127k initial cash invested.

-13.65%

Cash On Cash

3.51%

Cap Rate

0.58

DSCR

$2,831

Rent

-$1,443

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,831 income − $4,274 expenses = $1,443 out of pocket

Income$2,831Out of Pocket$1,443Mortgage P&I$3,067108%Property Taxes$2519%Insurance$2198%Management$28310%CapEx$1425%Vacancy$1706%Maintenance$1425%

Investment Breakdown

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Purchase Price

$604k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$121k

Closing costs

1%

$6,041

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,831

Total Expenses

$4,274

Mortgage P&I

108%

$3,067

Property Taxes

9%

$251

Home Insurance

8%

$219

HOA

0%

$0

Property Management

10%

$283

CapEx

5%

$142

Vacancy

6%

$170

Maintenance

5%

$142

Other

0%

$0

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