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319 Wild Rice Dr, Simpsonville, SC 29681

3 beds • 2 baths • 2522 sqft

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This property looks like a bad Airbnb investment with a projected -1.93% first-year return on $98,304 initial cash invested.

-1.93%

Cash On Cash

6.02%

Cap Rate

1

DSCR

$3,905

Rent

-$158

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,905 income − $4,063 expenses = $158 out of pocket

Income$3,905Out of Pocket$158Mortgage P&I$1,91949%Property Taxes$1323%Insurance$1384%Management$58615%CapEx$1564%Maintenance$1564%Other$97625%

Investment Breakdown

|

Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,304

Downpayment

20%

$76,480

Closing costs

1%

$3,824

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,905

Total Expenses

$4,063

Mortgage P&I

49%

$1,919

Property Taxes

3%

$132

Home Insurance

4%

$138

HOA

0%

$0

Property Management

15%

$586

CapEx

4%

$156

Vacancy

0%

$0

Maintenance

4%

$156

Other

25%

$976

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