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1298 Carradine Rd, Seneca, SC 29678

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -1.98% first-year return on $93,873 initial cash invested.

-1.98%

Cash On Cash

5.88%

Cap Rate

0.99

DSCR

$3,603

Rent

-$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,603 income − $3,758 expenses = $155 out of pocket

Income$3,603Out of Pocket$155Mortgage P&I$1,78049%Property Taxes$1203%Insurance$1294%Management$54015%CapEx$1444%Maintenance$1444%Other$90125%

Investment Breakdown

|

Purchase Price

$361k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,873

Downpayment

20%

$72,260

Closing costs

1%

$3,613

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,603

Total Expenses

$3,758

Mortgage P&I

49%

$1,780

Property Taxes

3%

$120

Home Insurance

4%

$129

HOA

0%

$0

Property Management

15%

$540

CapEx

4%

$144

Vacancy

0%

$0

Maintenance

4%

$144

Other

25%

$901

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