REI Lense

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$3,358 (target)

988 Pleasant Ridge Rd #23, Fort Mill, SC 29715

3 beds • 2 baths • 1577 sqft

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This property looks like a bad Mid-Term investment with a projected -3.85% first-year return on $112k initial cash invested.

-3.85%

Cash On Cash

5.37%

Cap Rate

0.9

DSCR

$3,358

Rent

-$359

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,358 income − $3,717 expenses = $359 out of pocket

Income$3,358Out of Pocket$359Mortgage P&I$2,22866%Property Taxes$1946%Insurance$1545%Management$40312%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$36911%

Investment Breakdown

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Purchase Price

$447k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,460

Closing costs

1%

$4,473

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,358

Total Expenses

$3,717

Mortgage P&I

66%

$2,228

Property Taxes

6%

$194

Home Insurance

5%

$154

HOA

0%

$0

Property Management

12%

$403

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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