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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 -3.52% first-year return on $84,969 initial cash invested.

-3.52%

Cash On Cash

5.3%

Cap Rate

0.91

DSCR

$2,924

Rent

-$249

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$2,924

Total Expenses

$3,173

Mortgage P&I

53%

$1,540

Property Taxes

4%

$115

Home Insurance

4%

$114

HOA

0%

$0

Property Management

15%

$439

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$731

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