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117 Helen St, Spartanburg, SC 29301

3 beds • 2 baths • 1253 sqft

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This property might be a fair Airbnb investment with a projected 2.99% first-year return on $64,977 initial cash invested.

2.99%

Cash On Cash

7.78%

Cap Rate

1.24

DSCR

$2,934

Rent

$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,934 income − $2,772 expenses = $162 cash flow

Income$2,934Mortgage P&I$1,17140%Property Taxes$1144%Insurance$793%Management$44015%CapEx$1174%Maintenance$1174%Other$73425%Cash Flow$162

Investment Breakdown

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Purchase Price

$224k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,977

Downpayment

20%

$44,740

Closing costs

1%

$2,237

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,934

Total Expenses

$2,772

Mortgage P&I

40%

$1,171

Property Taxes

4%

$114

Home Insurance

3%

$79

HOA

0%

$0

Property Management

15%

$440

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$734

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