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2004 Cypress Rd, Florence, SC 29505

3 beds • 2 baths • 1816 sqft

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This property looks like a bad Airbnb investment with a projected -6.41% first-year return on $71,487 initial cash invested.

-6.41%

Cash On Cash

4.85%

Cap Rate

0.77

DSCR

$2,053

Rent

-$382

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,053 income − $2,435 expenses = $382 out of pocket

Income$2,053Out of Pocket$382Mortgage P&I$1,33065%Property Taxes$291%Insurance$914%Management$30815%CapEx$824%Maintenance$824%Other$51325%

Investment Breakdown

|

Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,487

Downpayment

20%

$50,940

Closing costs

1%

$2,547

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,053

Total Expenses

$2,435

Mortgage P&I

65%

$1,330

Property Taxes

1%

$29

Home Insurance

4%

$91

HOA

0%

$0

Property Management

15%

$308

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$513

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