Zip Code 29044 โ€” Columbia, SC

๐ŸŸขSTRONGโ€” excellent cash flow market
A

Excellent

Strong cash flow + low risk ยท Score: 84/100

Cap Rate

10.6%

Monthly Cash Flow

+$365

Median Home Price

$104,011

DSCR

1.66

Fair Market Rents

Studio
$850/mo
1 Bedroom
$900/mo
2 Bedroom
$1,020/mo
3 Bedroom
$1,300/mo
4 Bedroom
$1,560/mo

Investment Metrics

Cap Rate
10.6%
Cash-on-Cash Return
18.3%
Price-to-Rent Ratio
6.7
1% Rule
1.25%
Gross Rent Multiplier
6.7
Vacancy Rate
8.0%

Assumptions Used

20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

Customize these numbers in the calculator โ†’