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2021 Wethersfield Dr, Florence, SC 29501

3 beds • 4 baths • 3155 sqft

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This property looks like a bad Airbnb investment with a projected -10.72% first-year return on $110k initial cash invested.

-10.72%

Cash On Cash

3.66%

Cap Rate

0.61

DSCR

$2,890

Rent

-$980

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,890 income − $3,870 expenses = $980 out of pocket

Income$2,890Out of Pocket$980Mortgage P&I$2,19676%Property Taxes$1284%Insurance$1585%Management$43415%CapEx$1164%Maintenance$1164%Other$72225%

Investment Breakdown

|

Purchase Price

$437k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,320

Closing costs

1%

$4,366

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,890

Total Expenses

$3,870

Mortgage P&I

76%

$2,196

Property Taxes

4%

$128

Home Insurance

5%

$158

HOA

0%

$0

Property Management

15%

$434

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$722

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