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3415 Walter Dr, Johns Island, SC 29455

4 beds • 3 baths • 2021 sqft

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This property looks like a bad Airbnb investment with a projected -10.45% first-year return on $147k initial cash invested.

-10.45%

Cash On Cash

3.58%

Cap Rate

0.61

DSCR

$3,720

Rent

-$1,283

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$588k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$118k

Closing costs

1%

$5,876

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$3,720

Total Expenses

$5,003

Mortgage P&I

78%

$2,888

Property Taxes

3%

$114

Home Insurance

6%

$215

HOA

0%

$0

Property Management

15%

$558

CapEx

4%

$149

Vacancy

0%

$0

Maintenance

4%

$149

Other

25%

$930

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Comparable Property

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ADR

Beds

Baths

Distance

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3

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3

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3

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4

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2

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5

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2

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5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

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$2,850

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5

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