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$2,680 (target)

860 Thackston Dr, Spartanburg, SC 29307

3 beds • 3 baths • 1940 sqft

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This property looks like a bad Mid-Term investment with a projected -0.86% first-year return on $83,835 initial cash invested.

-0.86%

Cash On Cash

6.13%

Cap Rate

1.03

DSCR

$2,680

Rent

-$60

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,680 income − $2,740 expenses = $60 out of pocket

Income$2,680Out of Pocket$60Mortgage P&I$1,55458%Property Taxes$1646%Insurance$1114%Management$32212%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29511%

Investment Breakdown

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Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,835

Downpayment

20%

$62,700

Closing costs

1%

$3,135

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,680

Total Expenses

$2,740

Mortgage P&I

58%

$1,554

Property Taxes

6%

$164

Home Insurance

4%

$111

HOA

0%

$0

Property Management

12%

$322

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$295

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