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245 Maple Grove Rd, Seneca, SC 29678

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Airbnb investment with a projected -1.28% first-year return on $64,620 initial cash invested.

-1.28%

Cash On Cash

6.24%

Cap Rate

1.03

DSCR

$2,477

Rent

-$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,477 income − $2,546 expenses = $69 out of pocket

Income$2,477Out of Pocket$69Mortgage P&I$1,12445%Property Taxes$1546%Insurance$793%Management$37215%CapEx$994%Maintenance$994%Other$61925%

Investment Breakdown

|

Purchase Price

$222k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,620

Downpayment

20%

$44,400

Closing costs

1%

$2,220

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,477

Total Expenses

$2,546

Mortgage P&I

45%

$1,124

Property Taxes

6%

$154

Home Insurance

3%

$79

HOA

0%

$0

Property Management

15%

$372

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$619

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