REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$7,800 (target)

908 Searle Ct, Mount Pleasant, SC 29464

3 beds • 2 baths • 1991 sqft

$1,331,300

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -13.54% first-year return on $298k initial cash invested.

-13.54%

Cash On Cash

3.23%

Cap Rate

0.54

DSCR

$7,800

Rent

-$3,357

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,800 income − $11,157 expenses = $3,357 out of pocket

Income$7,800Out of Pocket$3,357Mortgage P&I$6,63285%Property Taxes$1,38518%Insurance$4886%Management$93612%CapEx$3124%Vacancy$2343%Maintenance$3124%Other$85811%

Investment Breakdown

|

Purchase Price

$1331k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$298k

Downpayment

20%

$266k

Closing costs

1%

$13,313

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,800

Total Expenses

$11,157

Mortgage P&I

85%

$6,632

Property Taxes

18%

$1,385

Home Insurance

6%

$488

HOA

0%

$0

Property Management

12%

$936

CapEx

4%

$312

Vacancy

3%

$234

Maintenance

4%

$312

Other

11%

$858

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis