This property looks like a bad Airbnb investment with a projected -19.61% first-year return on $235k initial cash invested.
-19.61%
Cash On Cash
2.35%
Cap Rate
0.36
DSCR
$4,727
Rent
-$3,835
Cashflow
$56,724
Annual
$208
ADR
75%
Occupancy
60%
Confidence Med
97%
Downtown Greenville Score
Cash Flow
$4,727 income − $8,562 expenses = $3,835 out of pocket
Investment Breakdown
|
Purchase Price
$1060k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$235k
Downpayment
20%
$212k
Closing costs
1%
$10,604
Rehab
0%
$0
Furnishing
1%
$12,000
Cashflow
Total Income
$4,727
Total Expenses
$8,562
Mortgage P&I
121%
$5,721
Property Taxes
4%
$187
Home Insurance
8%
$385
HOA
0%
$0
Property Management
15%
$709
CapEx
4%
$189
Vacancy
0%
$0
Maintenance
4%
$189
Other
25%
$1,182
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Comparable Property | Rent | ADR | Beds | Baths | Distance |
|---|---|---|---|---|---|
Reedy River Retreat - Walk to Everything Downtown | $6,547 | $287 | 2 | 2.5 | 0.01 mi |
Updated Cottage steps from all | $6,319 | $277 | 2 | 2.5 | 0.01 mi |
West End Cottage | $3,490 | $153 | 2 | 2.5 | 0.01 mi |
Falls Park Escape - Steps from everything Downtown | $7,072 | $310 | 2 | 2.5 | 0.03 mi |
West End Nest | Steps to Falls Park & Main | $4,699 | $206 | 2 | 2.5 | 0.03 mi |
West End Townhouse steps from Main St & Falls Park | $6,798 | $298 | 2 | 2.5 | 0.05 mi |
GORGEOUS 2 BR on MAIN #1 | $6,981 | $306 | 2 | 2.5 | 0.13 mi |
GORGEOUS 2 BR on MAIN #4 | $6,867 | $301 | 2 | 2.5 | 0.21 mi |
Brand New Downtown Townhome | $2,920 | $128 | 2 | 2.5 | 0.44 mi |
Beautiful New Downtown Townhome in Great Location | $2,441 | $107 | 2 | 2.5 | 0.47 mi |
Projection Charts
Investment Value YoY
Annualized Return
CoC vs Downpayment
CoC vs Purchase Price