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111 E Carolina Ave, Summerville, SC 29483

3 beds • 3 baths • 2906 sqft

$1,276,200

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This property looks like a bad Airbnb investment with a projected -20.66% first-year return on $286k initial cash invested.

-20.66%

Cash On Cash

1.56%

Cap Rate

0.26

DSCR

$4,269

Rent

-$4,925

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1276k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$286k

Downpayment

20%

$255k

Closing costs

1%

$12,762

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,269

Total Expenses

$9,194

Mortgage P&I

150%

$6,416

Property Taxes

6%

$257

Home Insurance

11%

$472

HOA

0%

$0

Property Management

15%

$640

CapEx

4%

$171

Vacancy

0%

$0

Maintenance

4%

$171

Other

25%

$1,067

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