REI Lense

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$2,763 (target)

85 Butler Rd, Lyman, SC 29365

3 beds • 2 baths • 1448 sqft

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This property might be a fair Mid-Term investment with a projected 4.04% first-year return on $79,236 initial cash invested.

4.04%

Cash On Cash

7.5%

Cap Rate

1.26

DSCR

$2,763

Rent

$267

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,763 income − $2,496 expenses = $267 cash flow

Income$2,763Mortgage P&I$1,44452%Property Taxes$8Insurance$1034%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30411%Cash Flow$267

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,236

Downpayment

20%

$58,320

Closing costs

1%

$2,916

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,763

Total Expenses

$2,496

Mortgage P&I

52%

$1,444

Property Taxes

0%

$8

Home Insurance

4%

$103

HOA

0%

$0

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$304

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