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1118 Gilreath Rd, Anderson, SC 29621

3 beds • 1 baths • 1028 sqft

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This property might be a fair Airbnb investment with a projected 1.61% first-year return on $59,454 initial cash invested.

1.61%

Cash On Cash

7.16%

Cap Rate

1.19

DSCR

$2,691

Rent

$80

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$197k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,454

Downpayment

20%

$39,480

Closing costs

1%

$1,974

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,691

Total Expenses

$2,611

Mortgage P&I

37%

$989

Property Taxes

10%

$259

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$404

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$673

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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2

1

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2

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2

2

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2

2

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4

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1.3 mi

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2

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0.9 mi

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$2,850

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5

4

0.6 mi

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2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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