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315 Old Landing Ct, Chapin, SC 29036

3 beds • 4 baths • 2400 sqft

$1,190,000

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This property looks like a bad Airbnb investment with a projected -16.55% first-year return on $268k initial cash invested.

-16.55%

Cash On Cash

2.52%

Cap Rate

0.42

DSCR

$5,606

Rent

-$3,695

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,606 income − $9,301 expenses = $3,695 out of pocket

Income$5,606Out of Pocket$3,695Mortgage P&I$5,970106%Property Taxes$2244%Insurance$4167%Management$84115%CapEx$2244%Maintenance$2244%Other$1,40225%

Investment Breakdown

|

Purchase Price

$1190k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$268k

Downpayment

20%

$238k

Closing costs

1%

$11,900

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,606

Total Expenses

$9,301

Mortgage P&I

106%

$5,970

Property Taxes

4%

$224

Home Insurance

7%

$416

HOA

0%

$0

Property Management

15%

$841

CapEx

4%

$224

Vacancy

0%

$0

Maintenance

4%

$224

Other

25%

$1,402

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