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191 Pershing St, Spartanburg, SC 29302

3 beds • 2 baths • 1700 sqft

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This property might be a fair Airbnb investment with a projected 0.55% first-year return on $74,616 initial cash invested.

0.55%

Cash On Cash

6.52%

Cap Rate

1.11

DSCR

$2,801

Rent

$34

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,801 income − $2,767 expenses = $34 cash flow

Income$2,801Mortgage P&I$1,31847%Property Taxes$7Insurance$983%Management$42015%CapEx$1124%Maintenance$1124%Other$70025%Cash Flow$34

Investment Breakdown

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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

$2,801

Total Expenses

$2,767

Mortgage P&I

47%

$1,318

Property Taxes

0%

$7

Home Insurance

4%

$98

HOA

0%

$0

Property Management

15%

$420

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$700

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