REI Lense

REI Lense

Unlock all features! Tap here to upgrade

309 Harbor Dr, Anderson, SC 29625

2 beds • 2 baths • sqft

Email

This property looks like a bad Airbnb investment with a projected -14.78% first-year return on $101k initial cash invested.

-14.78%

Cash On Cash

2.97%

Cap Rate

0.48

DSCR

$2,950

Rent

-$1,247

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,950 income − $4,197 expenses = $1,247 out of pocket

Income$2,950Out of Pocket$1,247Mortgage P&I$2,18274%Property Taxes$43515%Insurance$1646%Management$44215%CapEx$1184%Maintenance$1184%Other$73825%

Investment Breakdown

|

Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

3%

$12,000

Cashflow

Total Income

$2,950

Total Expenses

$4,197

Mortgage P&I

74%

$2,182

Property Taxes

15%

$435

Home Insurance

6%

$164

HOA

0%

$0

Property Management

15%

$442

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$738

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Lake Living with Amazing Views of Lake Hartwell

$2,966

$212

2

2

0.06 mi

“Lake Time” Lakehouse on Lake Hartwell

$4,729

$338

2

2

0.33 mi

Clemson|LakeAccess|SUPs|PizzaOven|PortmanMarina|EV

$3,694

$264

2

1

0.17 mi

Lake Hartwell Retreat (Left Unit)

$1,273

$91

2

1

0.19 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis