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11 Heathfield Ct, Simpsonville, SC 29681

3 beds • 2 baths • 1474 sqft

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This property looks like a bad Airbnb investment with a projected -5.62% first-year return on $82,848 initial cash invested.

-5.62%

Cash On Cash

4.9%

Cap Rate

0.82

DSCR

$2,699

Rent

-$388

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,699 income − $3,087 expenses = $388 out of pocket

Income$2,699Out of Pocket$388Mortgage P&I$1,54157%Property Taxes$1405%Insurance$1104%Management$40515%CapEx$1084%Maintenance$1084%Other$67525%

Investment Breakdown

|

Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,848

Downpayment

20%

$61,760

Closing costs

1%

$3,088

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,699

Total Expenses

$3,087

Mortgage P&I

57%

$1,541

Property Taxes

5%

$140

Home Insurance

4%

$110

HOA

0%

$0

Property Management

15%

$405

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$675

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