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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 -2.38% first-year return on $89,400 initial cash invested.

-2.38%

Cash On Cash

5.73%

Cap Rate

0.97

DSCR

$3,378

Rent

-$177

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,378 income − $3,555 expenses = $177 out of pocket

Income$3,378Out of Pocket$177Mortgage P&I$1,66649%Property Taxes$1494%Insurance$1194%Management$50715%CapEx$1354%Maintenance$1354%Other$84425%

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

$3,378

Total Expenses

$3,555

Mortgage P&I

49%

$1,666

Property Taxes

4%

$149

Home Insurance

4%

$119

HOA

0%

$0

Property Management

15%

$507

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$844

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