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210 Carlisle St, Spartanburg, SC 29306

3 beds • 2 baths • 1526 sqft

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This property looks like a bad Airbnb investment with a projected -5.59% first-year return on $68,064 initial cash invested.

-5.59%

Cash On Cash

5.27%

Cap Rate

0.82

DSCR

$2,378

Rent

-$317

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,378 income − $2,695 expenses = $317 out of pocket

Income$2,378Out of Pocket$317Mortgage P&I$1,26853%Property Taxes$2028%Insurance$844%Management$35715%CapEx$954%Maintenance$954%Other$59425%

Investment Breakdown

|

Purchase Price

$238k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,064

Downpayment

20%

$47,680

Closing costs

1%

$2,384

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,378

Total Expenses

$2,695

Mortgage P&I

53%

$1,268

Property Taxes

8%

$202

Home Insurance

4%

$84

HOA

0%

$0

Property Management

15%

$357

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$594

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