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1237 Redeemer Dr, Hanahan, SC 29410

3 beds • 2 baths • 1059 sqft

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This property looks like a bad Airbnb investment with a projected -3.19% first-year return on $89,400 initial cash invested.

-3.19%

Cash On Cash

5.5%

Cap Rate

0.94

DSCR

$3,263

Rent

-$238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,263 income − $3,501 expenses = $238 out of pocket

Income$3,263Out of Pocket$238Mortgage P&I$1,66651%Property Taxes$1495%Insurance$1194%Management$48915%CapEx$1314%Maintenance$1314%Other$81625%

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,263

Total Expenses

$3,501

Mortgage P&I

51%

$1,666

Property Taxes

5%

$149

Home Insurance

4%

$119

HOA

0%

$0

Property Management

15%

$489

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$816

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