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102 Gresham Rd, Simpsonville, SC 29681

3 beds • 3 baths • 2872 sqft

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This property looks like a bad Airbnb investment with a projected -13.72% first-year return on $160k initial cash invested.

-13.72%

Cash On Cash

3.01%

Cap Rate

0.5

DSCR

$3,726

Rent

-$1,827

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,726 income − $5,553 expenses = $1,827 out of pocket

Income$3,726Out of Pocket$1,827Mortgage P&I$3,36990%Property Taxes$1594%Insurance$2366%Management$55915%CapEx$1494%Maintenance$1494%Other$93225%

Investment Breakdown

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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

$3,726

Total Expenses

$5,553

Mortgage P&I

90%

$3,369

Property Taxes

4%

$159

Home Insurance

6%

$236

HOA

0%

$0

Property Management

15%

$559

CapEx

4%

$149

Vacancy

0%

$0

Maintenance

4%

$149

Other

25%

$932

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