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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 -6.33% first-year return on $68,064 initial cash invested.

-6.33%

Cash On Cash

5.04%

Cap Rate

0.79

DSCR

$2,298

Rent

-$359

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,298 income − $2,657 expenses = $359 out of pocket

Income$2,298Out of Pocket$359Mortgage P&I$1,26855%Property Taxes$2029%Insurance$844%Management$34515%CapEx$924%Maintenance$924%Other$57425%

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

$2,298

Total Expenses

$2,657

Mortgage P&I

55%

$1,268

Property Taxes

9%

$202

Home Insurance

4%

$84

HOA

0%

$0

Property Management

15%

$345

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$574

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