REI Lense

REI Lense

Unlock all features! Tap here to upgrade

102 Gresham Rd, Simpsonville, SC 29681

3 beds • 3 baths • 2872 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.33% first-year return on $160k initial cash invested.

-14.33%

Cash On Cash

2.85%

Cap Rate

0.48

DSCR

$3,569

Rent

-$1,908

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,569 income − $5,477 expenses = $1,908 out of pocket

Income$3,569Out of Pocket$1,908Mortgage P&I$3,36994%Property Taxes$1594%Insurance$2367%Management$53515%CapEx$1434%Maintenance$1434%Other$89225%

Investment Breakdown

|

Purchase Price

$675k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$135k

Closing costs

1%

$6,750

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,569

Total Expenses

$5,477

Mortgage P&I

94%

$3,369

Property Taxes

4%

$159

Home Insurance

7%

$236

HOA

0%

$0

Property Management

15%

$535

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$892

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis