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640 Oak Marsh Dr, Mount Pleasant, SC 29464

3 beds • 5 baths • 2350 sqft

$1,100,000

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This property looks like a bad Airbnb investment with a projected -14.28% first-year return on $249k initial cash invested.

-14.28%

Cash On Cash

3.38%

Cap Rate

0.53

DSCR

$6,490

Rent

-$2,964

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,490 income − $9,454 expenses = $2,964 out of pocket

Income$6,490Out of Pocket$2,964Mortgage P&I$5,80689%Property Taxes$1472%Insurance$3856%Management$97415%CapEx$2604%Maintenance$2604%Other$1,62225%

Investment Breakdown

|

Purchase Price

$1100k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$249k

Downpayment

20%

$220k

Closing costs

1%

$11,000

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,490

Total Expenses

$9,454

Mortgage P&I

89%

$5,806

Property Taxes

2%

$147

Home Insurance

6%

$385

HOA

0%

$0

Property Management

15%

$974

CapEx

4%

$260

Vacancy

0%

$0

Maintenance

4%

$260

Other

25%

$1,622

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