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840 Sultana Dr., Little River, SC 29566

3 beds • 2 baths • 1598 sqft

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This property looks like a bad Airbnb investment with a projected -8.95% first-year return on $88,665 initial cash invested.

-8.95%

Cash On Cash

3.72%

Cap Rate

0.65

DSCR

$2,364

Rent

-$661

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,364 income − $3,025 expenses = $661 out of pocket

Income$2,364Out of Pocket$661Mortgage P&I$1,61068%Property Taxes$623%Insurance$1225%HOA$954%Management$35515%CapEx$954%Maintenance$954%Other$59125%

Investment Breakdown

|

Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,665

Downpayment

20%

$67,300

Closing costs

1%

$3,365

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,364

Total Expenses

$3,025

Mortgage P&I

68%

$1,610

Property Taxes

3%

$62

Home Insurance

5%

$122

HOA

4%

$95

Property Management

15%

$355

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$591

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