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228 Hayworth Rd, Summerville, SC 29486

4 beds • 3 baths • 2303 sqft

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This property looks like a bad Airbnb investment with a projected -7.92% first-year return on $105k initial cash invested.

-7.92%

Cash On Cash

4.33%

Cap Rate

0.72

DSCR

$3,636

Rent

-$695

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$77,440

Closing costs

1%

$3,872

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$3,636

Total Expenses

$4,331

Mortgage P&I

54%

$1,948

Property Taxes

14%

$506

Home Insurance

4%

$133

HOA

0%

$0

Property Management

15%

$545

CapEx

4%

$145

Vacancy

0%

$0

Maintenance

4%

$145

Other

25%

$909

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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4

2

1.69 mi

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$5,223

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5

3.5

1.28 mi

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$5,093

$197

3

2.5

1.77 mi

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$2,500

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4

2

1.3 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

2022 S American St

$2,850

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5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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