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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 -3.22% first-year return on $59,916 initial cash invested.

-3.22%

Cash On Cash

5.26%

Cap Rate

0.92

DSCR

$2,151

Rent

-$161

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

$2,151

Total Expenses

$2,312

Mortgage P&I

44%

$950

Property Taxes

13%

$269

Home Insurance

3%

$60

HOA

0%

$0

Property Management

15%

$323

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$538

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