REI Lense

REI Lense

Unlock all features! Tap here to upgrade

135 Mainsail Way, Spartanburg, SC 29302

3 beds • 2 baths • 1542 sqft

Email

This property looks like a bad Airbnb investment with a projected -2.7% first-year return on $75,015 initial cash invested.

-2.7%

Cash On Cash

5.47%

Cap Rate

0.95

DSCR

$2,634

Rent

-$169

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,634 income − $2,803 expenses = $169 out of pocket

Income$2,634Out of Pocket$169Mortgage P&I$1,30249%Property Taxes$1405%Insurance$984%Management$39515%CapEx$1054%Maintenance$1054%Other$65825%

Investment Breakdown

|

Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,015

Downpayment

20%

$54,300

Closing costs

1%

$2,715

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,634

Total Expenses

$2,803

Mortgage P&I

49%

$1,302

Property Taxes

5%

$140

Home Insurance

4%

$98

HOA

0%

$0

Property Management

15%

$395

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$658

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis