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1285 Old Colony Rd, Mount Pleasant, SC 29464

3 beds • 2 baths • 1638 sqft

$1,352,000

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This property looks like a bad Airbnb investment with a projected -19.58% first-year return on $302k initial cash invested.

-19.58%

Cash On Cash

1.91%

Cap Rate

0.31

DSCR

$5,008

Rent

-$4,926

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,008 income − $9,934 expenses = $4,926 out of pocket

Income$5,008Out of Pocket$4,926Mortgage P&I$6,873137%Property Taxes$1613%Insurance$49710%Management$75115%CapEx$2004%Maintenance$2004%Other$1,25225%

Investment Breakdown

|

Purchase Price

$1352k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$302k

Downpayment

20%

$270k

Closing costs

1%

$13,520

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,008

Total Expenses

$9,934

Mortgage P&I

137%

$6,873

Property Taxes

3%

$161

Home Insurance

10%

$497

HOA

0%

$0

Property Management

15%

$751

CapEx

4%

$200

Vacancy

0%

$0

Maintenance

4%

$200

Other

25%

$1,252

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