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5070 Watersail Way, Clover, SC 29710

3 beds • 2 baths • 2558 sqft

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This property looks like a bad Airbnb investment with a projected -10.62% first-year return on $142k initial cash invested.

-10.62%

Cash On Cash

3.73%

Cap Rate

0.63

DSCR

$4,129

Rent

-$1,256

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,129 income − $5,385 expenses = $1,256 out of pocket

Income$4,129Out of Pocket$1,256Mortgage P&I$2,92571%Property Taxes$1925%Insurance$2105%HOA$772%Management$61915%CapEx$1654%Maintenance$1654%Other$1,03225%

Investment Breakdown

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Purchase Price

$590k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,899

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,129

Total Expenses

$5,385

Mortgage P&I

71%

$2,925

Property Taxes

5%

$192

Home Insurance

5%

$210

HOA

2%

$77

Property Management

15%

$619

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,032

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