REI Lense

REI Lense

Unlock all features! Tap here to upgrade

988 Pleasant Ridge Rd #23, Fort Mill, SC 29715

3 beds • 2 baths • 1577 sqft

Email

This property looks like a bad Airbnb investment with a projected -4.63% first-year return on $112k initial cash invested.

-4.63%

Cash On Cash

5.26%

Cap Rate

0.88

DSCR

$4,123

Rent

-$432

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,123 income − $4,555 expenses = $432 out of pocket

Income$4,123Out of Pocket$432Mortgage P&I$2,22854%Property Taxes$1945%Insurance$1544%Management$61815%CapEx$1654%Maintenance$1654%Other$1,03125%

Investment Breakdown

|

Purchase Price

$447k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,460

Closing costs

1%

$4,473

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,123

Total Expenses

$4,555

Mortgage P&I

54%

$2,228

Property Taxes

5%

$194

Home Insurance

4%

$154

HOA

0%

$0

Property Management

15%

$618

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,031

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis