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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 -3.52% first-year return on $93,873 initial cash invested.

-3.52%

Cash On Cash

5.45%

Cap Rate

0.92

DSCR

$3,374

Rent

-$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,374 income − $3,649 expenses = $275 out of pocket

Income$3,374Out of Pocket$275Mortgage P&I$1,78053%Property Taxes$1204%Insurance$1294%Management$50615%CapEx$1354%Maintenance$1354%Other$84425%

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

$3,374

Total Expenses

$3,649

Mortgage P&I

53%

$1,780

Property Taxes

4%

$120

Home Insurance

4%

$129

HOA

0%

$0

Property Management

15%

$506

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$844

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