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223 Burnett Rd, Inman, SC 29349

3 beds • 3 baths • 2358 sqft

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This property looks like a bad Airbnb investment with a projected -17.12% first-year return on $105k initial cash invested.

-17.12%

Cash On Cash

2.03%

Cap Rate

0.33

DSCR

$1,835

Rent

-$1,501

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,835 income − $3,336 expenses = $1,501 out of pocket

Income$1,835Out of Pocket$1,501Mortgage P&I$2,132116%Property Taxes$1749%Insurance$1508%Management$27515%CapEx$734%Maintenance$734%Other$45925%

Investment Breakdown

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Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$83,040

Closing costs

1%

$4,152

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,835

Total Expenses

$3,336

Mortgage P&I

116%

$2,132

Property Taxes

9%

$174

Home Insurance

8%

$150

HOA

0%

$0

Property Management

15%

$275

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$459

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