REI Lense

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$1,976 (target)

9 Gamesford Ct, Simpsonville, SC 29680

3 beds • 2 baths • 1650 sqft

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This property looks like a bad Long-Term investment with a projected -7.42% first-year return on $70,476 initial cash invested.

-7.42%

Cash On Cash

4.66%

Cap Rate

0.79

DSCR

$1,976

Rent

-$436

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,476

Downpayment

20%

$67,120

Closing costs

1%

$3,356

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,976

Total Expenses

$2,412

Mortgage P&I

83%

$1,641

Property Taxes

7%

$137

Home Insurance

6%

$119

HOA

0%

$0

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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