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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 -10.71% first-year return on $268k initial cash invested.

-10.71%

Cash On Cash

3.93%

Cap Rate

0.65

DSCR

$8,110

Rent

-$2,392

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,110 income − $10,502 expenses = $2,392 out of pocket

Income$8,110Out of Pocket$2,392Mortgage P&I$5,97074%Property Taxes$2243%Insurance$4165%Management$1,21615%CapEx$3244%Maintenance$3244%Other$2,02825%

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

$8,110

Total Expenses

$10,502

Mortgage P&I

74%

$5,970

Property Taxes

3%

$224

Home Insurance

5%

$416

HOA

0%

$0

Property Management

15%

$1,216

CapEx

4%

$324

Vacancy

0%

$0

Maintenance

4%

$324

Other

25%

$2,028

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