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2218 Excalibur Dr, Indian Land, SC 29707

3 beds • 2 baths • 2642 sqft

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This property looks like a bad Airbnb investment with a projected -17.91% first-year return on $139k initial cash invested.

-17.91%

Cash On Cash

1.88%

Cap Rate

0.32

DSCR

$3,269

Rent

-$2,075

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,269 income − $5,344 expenses = $2,075 out of pocket

Income$3,269Out of Pocket$2,075Mortgage P&I$2,84987%Property Taxes$60919%Insurance$2006%HOA$1174%Management$49015%CapEx$1314%Maintenance$1314%Other$81725%

Investment Breakdown

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Purchase Price

$576k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$115k

Closing costs

1%

$5,763

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,269

Total Expenses

$5,344

Mortgage P&I

87%

$2,849

Property Taxes

19%

$609

Home Insurance

6%

$200

HOA

4%

$117

Property Management

15%

$490

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$817

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