This property looks like a bad Airbnb investment with a projected -2.83% first-year return on $99,270 initial cash invested.
-2.83%
Cash On Cash
5.87%
Cap Rate
0.96
DSCR
$3,980
Rent
-$234
Cashflow
Cash Flow
$3,980 income − $4,214 expenses = $234 out of pocket
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,270
Downpayment
20%
$77,400
Closing costs
1%
$3,870
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,980
Total Expenses
$4,214
Mortgage P&I
49%
$1,968
Property Taxes
5%
$200
Home Insurance
3%
$136
HOA
0%
$0
Property Management
15%
$597
CapEx
4%
$159
Vacancy
0%
$0
Maintenance
4%
$159
Other
25%
$995
Loading map...
Comparable Property | Rent | ADR | Beds | Baths | Distance |
|---|---|---|---|---|---|
"Bess" in North Charleston Listing Verified | $6,779 | $323 | 3 | 2 | 0.25 mi |
"Bess" in Park Circle, North Charleston Family Friendly | $6,821 | $325 | 3 | 2 | 0.31 mi |
Cozy Cottage in Park Circle | $6,443 | $307 | 3 | 2 | 0.6 mi |
Projection Charts
Investment Value YoY