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2816 Olde Mill Rd, Florence, SC 29505

3 beds • 2 baths • 1900 sqft

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This property looks like a bad Airbnb investment with a projected -14.61% first-year return on $85,074 initial cash invested.

-14.61%

Cash On Cash

2.38%

Cap Rate

0.4

DSCR

$2,186

Rent

-$1,036

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,186 income − $3,222 expenses = $1,036 out of pocket

Income$2,186Out of Pocket$1,036Mortgage P&I$1,58272%Property Taxes$47822%Insurance$1145%Management$32815%CapEx$874%Maintenance$874%Other$54625%

Investment Breakdown

|

Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,074

Downpayment

20%

$63,880

Closing costs

1%

$3,194

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,186

Total Expenses

$3,222

Mortgage P&I

72%

$1,582

Property Taxes

22%

$478

Home Insurance

5%

$114

HOA

0%

$0

Property Management

15%

$328

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$546

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