Property Numbers
Results update as you type
Purchase
$
Income
$
Pet rent, storage, laundry, lot rent
%
5% is about 18 days empty per year. Use more for turnover-heavy rentals.
Annual Fixed Expenses
$
$
South Carolina tax tip: Rentals are assessed at 6% of value instead of the 4% owner-occupied rate, and they don't get the owner-occupant break on school operating taxes. The seller's current tax bill is often far lower than what you'll pay, so check the county's numbers for a non-owner-occupied property.
$
$
$
Percentage Expenses of collected income
%
%
%
Self-managing? Leave management in anyway. Your time isn't free, and a buyer or lender will count it.
Cap Rate
-
Enter a price and rent to see the cap rate
Your breakdown will appear here
Cap rate is net operating income divided by the price. Mortgage payments aren't part of it.
Looking at a deal?
Get a second set of eyes on the numbers
David works with investors across the Upstate on rentals, land, and 1031 exchanges, and he'll tell you honestly if a deal doesn't pencil.
Contact David
1031 Exchange Guide