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1004 Black Skimmer Dr., Conway, SC 29526

3 beds • 3 baths • 2498 sqft

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This property looks like a bad Airbnb investment with a projected -21.86% first-year return on $149k initial cash invested.

-21.86%

Cash On Cash

0.86%

Cap Rate

0.14

DSCR

$1,710

Rent

-$2,717

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,710 income − $4,427 expenses = $2,717 out of pocket

Income$1,710Out of Pocket$2,717Mortgage P&I$3,096181%Property Taxes$1489%Insurance$22813%HOA$1358%Management$25615%CapEx$684%Maintenance$684%Other$42825%

Investment Breakdown

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Purchase Price

$624k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$149k

Downpayment

20%

$125k

Closing costs

1%

$6,244

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,710

Total Expenses

$4,427

Mortgage P&I

181%

$3,096

Property Taxes

9%

$148

Home Insurance

13%

$228

HOA

8%

$135

Property Management

15%

$256

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$428

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