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2334 Midland Park Rd, Charleston, SC 29406

3 beds • 2 baths • 1220 sqft

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This property could be a profitable Airbnb investment with a projected 14.44% first-year return on $66,384 initial cash invested.

14.44%

Cash On Cash

11.04%

Cap Rate

1.83

DSCR

$4,120

Rent

$799

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,384

Downpayment

20%

$46,080

Closing costs

1%

$2,304

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$4,120

Total Expenses

$3,321

Mortgage P&I

28%

$1,155

Property Taxes

3%

$106

Home Insurance

2%

$82

HOA

0%

$0

Property Management

15%

$618

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,030

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