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1667 Cherokee Rd, Florence, SC 29501

3 beds • 2 baths • 1919 sqft

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This property looks like a bad Airbnb investment with a projected -3.91% first-year return on $59,916 initial cash invested.

-3.91%

Cash On Cash

5.04%

Cap Rate

0.88

DSCR

$2,082

Rent

-$195

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,916

Downpayment

20%

$39,920

Closing costs

1%

$1,996

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,082

Total Expenses

$2,277

Mortgage P&I

46%

$950

Property Taxes

13%

$269

Home Insurance

3%

$60

HOA

0%

$0

Property Management

15%

$312

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$520

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