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232 Congress St, Charleston, SC 29403

5 beds • 5 baths • 2769 sqft

$1,716,100

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This property might be a fair Airbnb investment with a projected 4.32% first-year return on $390k initial cash invested.

4.32%

Cash On Cash

7.53%

Cap Rate

1.27

DSCR

$21,303

Rent

$1,405

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$21,303 income − $19,898 expenses = $1,405 cash flow

Income$21,303Mortgage P&I$8,50840%Property Taxes$5533%Insurance$6123%Management$3,19515%CapEx$8524%Maintenance$8524%Other$5,32625%Cash Flow$1,405

Investment Breakdown

|

Purchase Price

$1716k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$390k

Downpayment

20%

$343k

Closing costs

1%

$17,161

Rehab

0%

$0

Furnishing

2%

$30,000

Cashflow

Total Income

$21,303

Total Expenses

$19,898

Mortgage P&I

40%

$8,508

Property Taxes

3%

$553

Home Insurance

3%

$612

HOA

0%

$0

Property Management

15%

$3,195

CapEx

4%

$852

Vacancy

0%

$0

Maintenance

4%

$852

Other

25%

$5,326

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