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191 Pershing St, Spartanburg, SC 29302

3 beds • 2 baths • 1700 sqft

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This property looks like a bad Airbnb investment with a projected -0.08% first-year return on $74,616 initial cash invested.

-0.08%

Cash On Cash

6.33%

Cap Rate

1.08

DSCR

$2,727

Rent

-$5

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,616

Downpayment

20%

$53,920

Closing costs

1%

$2,696

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,727

Total Expenses

$2,732

Mortgage P&I

48%

$1,318

Property Taxes

0%

$7

Home Insurance

4%

$98

HOA

0%

$0

Property Management

15%

$409

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$682

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