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206 Carey Ave, Greer, SC 29651

3 beds • 2 baths • 1662 sqft

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This property looks like a bad Airbnb investment with a projected -3.42% first-year return on $78,921 initial cash invested.

-3.42%

Cash On Cash

5.5%

Cap Rate

0.92

DSCR

$2,882

Rent

-$225

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,882 income − $3,107 expenses = $225 out of pocket

Income$2,882Out of Pocket$225Mortgage P&I$1,44050%Property Taxes$1806%Insurance$1054%Management$43215%CapEx$1154%Maintenance$1154%Other$72025%

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,921

Downpayment

20%

$58,020

Closing costs

1%

$2,901

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,882

Total Expenses

$3,107

Mortgage P&I

50%

$1,440

Property Taxes

6%

$180

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$432

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$720

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