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1413 Spanish Moss Ct, Charleston, SC 29412

3 beds • 3 baths • 1979 sqft

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This property looks like a bad Airbnb investment with a projected -9.56% first-year return on $179k initial cash invested.

-9.56%

Cash On Cash

4.06%

Cap Rate

0.68

DSCR

$5,444

Rent

-$1,429

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,444 income − $6,873 expenses = $1,429 out of pocket

Income$5,444Out of Pocket$1,429Mortgage P&I$3,80870%Property Taxes$1713%Insurance$2805%Management$81715%CapEx$2184%Maintenance$2184%Other$1,36125%

Investment Breakdown

|

Purchase Price

$768k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$179k

Downpayment

20%

$154k

Closing costs

1%

$7,680

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,444

Total Expenses

$6,873

Mortgage P&I

70%

$3,808

Property Taxes

3%

$171

Home Insurance

5%

$280

HOA

0%

$0

Property Management

15%

$817

CapEx

4%

$218

Vacancy

0%

$0

Maintenance

4%

$218

Other

25%

$1,361

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