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13 Elkhorn Dr, Greenville, SC 29617

3 beds • 2 baths • 1650 sqft

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This property looks like a bad Airbnb investment with a projected -9.25% first-year return on $95,658 initial cash invested.

-9.25%

Cash On Cash

3.94%

Cap Rate

0.66

DSCR

$2,622

Rent

-$737

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,622 income − $3,359 expenses = $737 out of pocket

Income$2,622Out of Pocket$737Mortgage P&I$1,84770%Property Taxes$1225%Insurance$1315%Management$39315%CapEx$1054%Maintenance$1054%Other$65625%

Investment Breakdown

|

Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,658

Downpayment

20%

$73,960

Closing costs

1%

$3,698

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,622

Total Expenses

$3,359

Mortgage P&I

70%

$1,847

Property Taxes

5%

$122

Home Insurance

5%

$131

HOA

0%

$0

Property Management

15%

$393

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$656

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2

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$2,850

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5

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0.6 mi

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