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203 Withers Ln, Ladson, SC 29456

3 beds • 3 baths • 2385 sqft

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This property looks like a bad Airbnb investment with a projected -8.58% first-year return on $103k initial cash invested.

-8.58%

Cash On Cash

4.23%

Cap Rate

0.7

DSCR

$3,115

Rent

-$735

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,115 income − $3,850 expenses = $735 out of pocket

Income$3,115Out of Pocket$735Mortgage P&I$2,03365%Property Taxes$1856%Insurance$1364%Management$46715%CapEx$1254%Maintenance$1254%Other$77925%

Investment Breakdown

|

Purchase Price

$404k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$80,800

Closing costs

1%

$4,040

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,115

Total Expenses

$3,850

Mortgage P&I

65%

$2,033

Property Taxes

6%

$185

Home Insurance

4%

$136

HOA

0%

$0

Property Management

15%

$467

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$779

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