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 -5.97% first-year return on $73,188 initial cash invested.

-5.97%

Cash On Cash

4.86%

Cap Rate

0.8

DSCR

$2,643

Rent

-$364

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,643 income − $3,007 expenses = $364 out of pocket

Income$2,643Out of Pocket$364Mortgage P&I$1,32350%Property Taxes$27911%Insurance$883%HOA$482%Management$39615%CapEx$1064%Maintenance$1064%Other$66125%

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

$2,643

Total Expenses

$3,007

Mortgage P&I

50%

$1,323

Property Taxes

11%

$279

Home Insurance

3%

$88

HOA

2%

$48

Property Management

15%

$396

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$661

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis