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107 Groveton Ct, Simpsonville, SC 29681

3 beds • 2 baths • 1384 sqft

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This property looks like a bad Airbnb investment with a projected -2.24% first-year return on $80,853 initial cash invested.

-2.24%

Cash On Cash

5.85%

Cap Rate

0.98

DSCR

$2,908

Rent

-$151

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,908 income − $3,059 expenses = $151 out of pocket

Income$2,908Out of Pocket$151Mortgage P&I$1,49451%Property Taxes$632%Insurance$1074%Management$43615%CapEx$1164%Maintenance$1164%Other$72725%

Investment Breakdown

|

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,853

Downpayment

20%

$59,860

Closing costs

1%

$2,993

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,908

Total Expenses

$3,059

Mortgage P&I

51%

$1,494

Property Taxes

2%

$63

Home Insurance

4%

$107

HOA

0%

$0

Property Management

15%

$436

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$727

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