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2981 Bennett Charles Rd, Mount Pleasant, SC 29466
3 beds • 4 baths • 2787 sqft
$999,999
View on ZillowThis property looks like a bad Airbnb investment with a projected -18.95% first-year return on $228k initial cash invested.
-18.95%
Cash On Cash
1.66%
Cap Rate
0.29
DSCR
$3,328
Rent
-$3,600
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,328 income − $6,928 expenses = $3,600 out of pocket
Investment Breakdown
|
Purchase Price
$1000k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$228k
Downpayment
20%
$200k
Closing costs
1%
$10,000
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,328
Total Expenses
$6,928
Mortgage P&I
146%
$4,852
Property Taxes
4%
$129
Home Insurance
11%
$350
HOA
0%
$0
Property Management
15%
$499
CapEx
4%
$133
Vacancy
0%
$0
Maintenance
4%
$133
Other
25%
$832