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8614 W Fairway Woods Dr, North Charleston, SC 29420
3 beds • 2 baths • 2347 sqft
$587,700
View on ZillowThis property looks like a bad Airbnb investment with a projected -10.71% first-year return on $141k initial cash invested.
-10.71%
Cash On Cash
3.69%
Cap Rate
0.62
DSCR
$4,121
Rent
-$1,262
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,121 income − $5,383 expenses = $1,262 out of pocket
Investment Breakdown
|
Purchase Price
$588k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$141k
Downpayment
20%
$118k
Closing costs
1%
$5,877
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,121
Total Expenses
$5,383
Mortgage P&I
70%
$2,905
Property Taxes
7%
$287
Home Insurance
5%
$213
HOA
0%
$0
Property Management
15%
$618
CapEx
4%
$165
Vacancy
0%
$0
Maintenance
4%
$165
Other
25%
$1,030