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311 Birkenstock Ct, Simpsonville, SC 29681

3 beds • 3 baths • 1771 sqft

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This property looks like a bad Airbnb investment with a projected -2.54% first-year return on $87,951 initial cash invested.

-2.54%

Cash On Cash

5.65%

Cap Rate

0.96

DSCR

$3,163

Rent

-$186

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,163 income − $3,349 expenses = $186 out of pocket

Income$3,163Out of Pocket$186Mortgage P&I$1,62851%Property Taxes$833%Insurance$1194%Management$47415%CapEx$1274%Maintenance$1274%Other$79125%

Investment Breakdown

|

Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,951

Downpayment

20%

$66,620

Closing costs

1%

$3,331

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,163

Total Expenses

$3,349

Mortgage P&I

51%

$1,628

Property Taxes

3%

$83

Home Insurance

4%

$119

HOA

0%

$0

Property Management

15%

$474

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$791

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