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306 S Main St, Summerville, SC 29483

3 beds • 3 baths • 2169 sqft

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This property looks like a bad Airbnb investment with a projected -7.79% first-year return on $88,413 initial cash invested.

-7.79%

Cash On Cash

5%

Cap Rate

0.76

DSCR

$3,489

Rent

-$574

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,489 income − $4,063 expenses = $574 out of pocket

Income$3,489Out of Pocket$574Mortgage P&I$1,83253%Property Taxes$38111%Insurance$1755%Management$52315%CapEx$1404%Maintenance$1404%Other$87225%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,413

Downpayment

20%

$67,060

Closing costs

1%

$3,353

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,489

Total Expenses

$4,063

Mortgage P&I

53%

$1,832

Property Taxes

11%

$381

Home Insurance

5%

$175

HOA

0%

$0

Property Management

15%

$523

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$872

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