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730 Melrose Dr, Charleston, SC 29414

3 beds • 3 baths • 1728 sqft

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This property looks like a bad Airbnb investment with a projected -5.47% first-year return on $146k initial cash invested.

-5.47%

Cash On Cash

5.12%

Cap Rate

0.85

DSCR

$5,321

Rent

-$665

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$609k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$122k

Closing costs

1%

$6,094

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,321

Total Expenses

$5,986

Mortgage P&I

57%

$3,054

Property Taxes

3%

$158

Home Insurance

4%

$220

HOA

0%

$0

Property Management

15%

$798

CapEx

4%

$213

Vacancy

0%

$0

Maintenance

4%

$213

Other

25%

$1,330

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