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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 -0.82% first-year return on $80,853 initial cash invested.

-0.82%

Cash On Cash

6.27%

Cap Rate

1.05

DSCR

$3,095

Rent

-$55

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,095 income − $3,150 expenses = $55 out of pocket

Income$3,095Out of Pocket$55Mortgage P&I$1,49448%Property Taxes$632%Insurance$1073%Management$46415%CapEx$1244%Maintenance$1244%Other$77425%

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

$3,095

Total Expenses

$3,150

Mortgage P&I

48%

$1,494

Property Taxes

2%

$63

Home Insurance

3%

$107

HOA

0%

$0

Property Management

15%

$464

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$774

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