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6230 Winds Ct, Clover, SC 29710

3 beds • 2 baths • 2242 sqft

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This property looks like a bad Airbnb investment with a projected -12.19% first-year return on $116k initial cash invested.

-12.19%

Cash On Cash

3.13%

Cap Rate

0.53

DSCR

$2,855

Rent

-$1,181

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,855 income − $4,036 expenses = $1,181 out of pocket

Income$2,855Out of Pocket$1,181Mortgage P&I$2,28680%Property Taxes$2127%Insurance$1686%Management$42815%CapEx$1144%Maintenance$1144%Other$71425%

Investment Breakdown

|

Purchase Price

$468k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,540

Closing costs

1%

$4,677

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,855

Total Expenses

$4,036

Mortgage P&I

80%

$2,286

Property Taxes

7%

$212

Home Insurance

6%

$168

HOA

0%

$0

Property Management

15%

$428

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$714

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