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220 E Belvedere Rd, Greenville, SC 29605

3 beds • 2 baths • 1777 sqft

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This property looks like a bad Airbnb investment with a projected -2.95% first-year return on $87,069 initial cash invested.

-2.95%

Cash On Cash

5.35%

Cap Rate

0.94

DSCR

$2,978

Rent

-$214

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$329k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,069

Downpayment

20%

$65,780

Closing costs

1%

$3,289

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,978

Total Expenses

$3,192

Mortgage P&I

52%

$1,562

Property Taxes

3%

$84

Home Insurance

4%

$117

HOA

0%

$0

Property Management

15%

$447

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$744

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Comparable Property

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ADR

Beds

Baths

Distance

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2

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2

1

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5

4

0.6 mi

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$1,100

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2

1

0.9 mi

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$2,850

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5

4

0.6 mi

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