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1017 Harness Trl, Simpsonville, SC 29681

3 beds • 3 baths • 2074 sqft

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This property looks like a bad Airbnb investment with a projected -6.7% first-year return on $109k initial cash invested.

-6.7%

Cash On Cash

4.51%

Cap Rate

0.77

DSCR

$3,412

Rent

-$611

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,080

Closing costs

1%

$4,354

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,412

Total Expenses

$4,023

Mortgage P&I

62%

$2,111

Property Taxes

3%

$117

Home Insurance

5%

$158

HOA

0%

$0

Property Management

15%

$512

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$853

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