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1703 Redwood Dr, Moncks Corner, SC 29461

3 beds • 2 baths • 2110 sqft

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This property looks like a bad Airbnb investment with a projected -10.32% first-year return on $122k initial cash invested.

-10.32%

Cash On Cash

3.64%

Cap Rate

0.62

DSCR

$3,259

Rent

-$1,047

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,259 income − $4,306 expenses = $1,047 out of pocket

Income$3,259Out of Pocket$1,047Mortgage P&I$2,41474%Property Taxes$1535%Insurance$1755%Management$48915%CapEx$1304%Maintenance$1304%Other$81525%

Investment Breakdown

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Purchase Price

$494k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$98,760

Closing costs

1%

$4,938

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,259

Total Expenses

$4,306

Mortgage P&I

74%

$2,414

Property Taxes

5%

$153

Home Insurance

5%

$175

HOA

0%

$0

Property Management

15%

$489

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$815

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