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3586 Backshore Dr, Mount Pleasant, SC 29466

4 beds • 4 baths • 2442 sqft

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This property looks like a bad Airbnb investment with a projected -14% first-year return on $209k initial cash invested.

-14%

Cash On Cash

2.95%

Cap Rate

0.49

DSCR

$4,751

Rent

-$2,443

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$883k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$209k

Downpayment

20%

$177k

Closing costs

1%

$8,832

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$4,751

Total Expenses

$7,194

Mortgage P&I

93%

$4,426

Property Taxes

4%

$172

Home Insurance

7%

$315

HOA

0%

$0

Property Management

15%

$713

CapEx

4%

$190

Vacancy

0%

$0

Maintenance

4%

$190

Other

25%

$1,188

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