REI Lense

REI Lense

Unlock all features! Tap here to upgrade

127 Mainsail Way, Spartanburg, SC 29301

3 beds • 2 baths • 1550 sqft

Email

This property looks like a bad Airbnb investment with a projected -6.02% first-year return on $73,188 initial cash invested.

-6.02%

Cash On Cash

4.84%

Cap Rate

0.8

DSCR

$2,635

Rent

-$367

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,188

Downpayment

20%

$52,560

Closing costs

1%

$2,628

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,635

Total Expenses

$3,002

Mortgage P&I

50%

$1,323

Property Taxes

11%

$279

Home Insurance

3%

$88

HOA

2%

$48

Property Management

15%

$395

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$659

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis