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113 Lyman Lake Rd, Lyman, SC 29365

3 beds • 2 baths • 1946 sqft

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This property looks like a bad Airbnb investment with a projected -9.07% first-year return on $88,287 initial cash invested.

-9.07%

Cash On Cash

3.9%

Cap Rate

0.67

DSCR

$3,007

Rent

-$667

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,007 income − $3,674 expenses = $667 out of pocket

Income$3,007Out of Pocket$667Mortgage P&I$1,63654%Property Taxes$47616%Insurance$1194%Management$45115%CapEx$1204%Maintenance$1204%Other$75225%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,287

Downpayment

20%

$66,940

Closing costs

1%

$3,347

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,007

Total Expenses

$3,674

Mortgage P&I

54%

$1,636

Property Taxes

16%

$476

Home Insurance

4%

$119

HOA

0%

$0

Property Management

15%

$451

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$752

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