REI Lense

REI Lense

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Target property

200 Spring Meadow Rd, Simpsonville, SC 29680

3 beds • 2 baths • 1555 sqft

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This property looks like a bad Airbnb investment with a projected -24.98% first-year return on $84,969 initial cash invested.

-24.98%

Cash On Cash

-0.86%

Cap Rate

-0.15

DSCR

$0

Rent

-$1,769

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,969

Downpayment

20%

$63,780

Closing costs

1%

$3,189

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$0

Total Expenses

$1,769

Mortgage P&I

15400000%

$1,540

Property Taxes

1150000%

$115

Home Insurance

1140000%

$114

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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