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904 New Prospect Church Rd, Anderson, SC 29625

3 beds • 2 baths • 1476 sqft

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This property might be a fair Airbnb investment with a projected 2.64% first-year return on $68,715 initial cash invested.

2.64%

Cash On Cash

7.34%

Cap Rate

1.22

DSCR

$2,901

Rent

$151

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$242k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,715

Downpayment

20%

$48,300

Closing costs

1%

$2,415

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,901

Total Expenses

$2,750

Mortgage P&I

42%

$1,210

Property Taxes

2%

$60

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$435

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$725

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