Important Disclaimer

This analysis was generated using AI technology and is for informational purposes only. Data accuracy cannot be guaranteed. Consult with licensed real estate, financial, and legal professionals before making investment decisions.

Investment Analysis Report

Hilton Head Island
Property Investment Comparison

Data-driven analysis comparing two vacation rental properties: Fiddler's Cove Unit 8L vs. Springwood Villas Unit 66

Executive Summary

Recommended Investment: Springwood Villas Unit 66

Based on comprehensive financial analysis, Springwood Villas Unit 66 presents a significantly stronger investment opportunity with a projected cap rate of 5.01% compared to Fiddler's Cove's 1.99%. Despite the higher purchase price, Springwood offers better value per square foot and substantially higher net operating income.

Better Revenue/SqFt
+33.4%
Springwood generates more per sqft
Higher NOI
$21,518
vs $7,544
Lower Price/SqFt
$344
vs $501

Property Overview

Fiddler's Cove Unit 8L
45 Folly Field Road Unit #8L, Hilton Head Island, SC 29928
ACTUAL
$379,000
$501/sqft
Size
757 sqft
Bedrooms
2 BR
Bathrooms
2 BA
Year Built
1980

Financial Performance

Gross Revenue$23,960
Occupancy Rate39.6%
Revenue/SqFt$32

Investment Returns

Net Operating Income$7,544
Cap Rate2.0%
HOA Fee$535/mo
Springwood Villas Unit 66
36 Deallyon Avenue Unit #66, Hilton Head Island, SC 29928
PROJECTED
$429,900
$344/sqft
Size
1,250 sqft
Bedrooms
2 BR
Bathrooms
2.5 BA
Year Built
1985

Financial Performance

Gross Revenue$52,780
Occupancy Rate55.8%
Revenue/SqFt$42

Investment Returns

Net Operating Income$21,518
Cap Rate5.0%
HOA Fee$657/mo

Location Analysis

Property Locations
Interactive map showing both properties on Hilton Head Island
1
Fiddler's Cove Unit 8L
2
Springwood Villas Unit 66

Financial Analysis

Annual Gross Revenue
Actual vs. Projected rental income
Fiddler's Cove 8LSpringwood Villas 66$0$15,000$30,000$45,000$60,000
Market Average: $68,000
Occupancy Rate
Compared to market average of 65%
Fiddler's Cove 8LSpringwood Villas 660.0%15.0%30.0%45.0%60.0%
Market Average: 65.0%
Net Operating Income
After all operating expenses
Fiddler's Cove 8LSpringwood Villas 66$0$5,500$11,000$16,500$22,000
Capitalization Rate
Return on investment metric
Fiddler's Cove 8LSpringwood Villas 660.0%2.0%4.0%6.0%8.0%
Revenue per Square Foot
Efficiency metric - Springwood wins by 33.4%
Fiddler's Cove 8LSpringwood Villas 66$0$15$30$45$60
Purchase Price per Square Foot
Springwood offers better value
Fiddler's Cove 8LSpringwood Villas 66$0$150$300$450$600

Investment ROI Calculator

Investment ROI Calculator
Adjust financing parameters to see personalized cash flow projections
25%
10%50%
7.00%
4.0%10.0%
30 years
15 years30 years
Down Payment
$94,750
25% of $379,000
Loan Amount
$284,250
@ 7.00% for 30 years
Monthly Mortgage
$1,891
Principal & Interest only

Annual Cash Flow Analysis

Gross Rental Income$23,960
Mortgage Payment (P&I)-$22,693
Operating Expenses-$16,416
Net Annual Cash Flow-$15,150
Monthly Cash Flow-$1,262

Cash-on-Cash Return

-15.99%

Annual cash flow divided by down payment

Return on Investment

-14.28%

Including estimated closing costs (~3%)

⚠️

Negative Cash Flow Warning

This property would require monthly out-of-pocket expenses with these financing terms. Consider increasing the down payment or adjusting other parameters.

Calculator Disclaimer: This calculator provides estimates only and does not include all costs such as property taxes, insurance, maintenance reserves, vacancy rates, or potential rental income fluctuations. Actual results may vary significantly. Consult with a financial advisor and mortgage professional for accurate projections based on your specific situation.

Detailed Comparison

Advantages
  • Top-floor unit (no noise from above)
  • Private rear balcony
  • Luxury vinyl plank flooring
  • Newer appliances
  • Gated community
  • Full-time security
Disadvantages & Risks
  • Very low historical performance: Actual revenue of $23,959.7 is 64.8% below market average
  • Poor occupancy: 39.6% vs market average of 65% - underperforming by 25.4%
  • Extremely low cap rate: 1.99% indicates barely positive cash flow
  • High price per sqft: $500.66/sqft is significantly higher than Springwood
  • Reputation concerns: Mixed reviews mentioning cleanliness and maintenance issues
Contact Your Hilton Head Investment Specialist
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Specializing in Hilton Head Island luxury properties and vacation rental investments. Licensed in South Carolina with extensive knowledge of the local market.

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Market Context

Hilton Head Island Vacation Rental Market (2025)
Industry benchmarks and trends
$68,000
Average Annual Revenue
65.0%
Average Occupancy Rate
$290
Average Daily Rate

Hilton Head Island ranks in the top 15% for revenue among U.S. vacation rental markets, with strong year-over-year growth of 46.19%. However, recent reports indicate that many short-term rental owners are facing profitability challenges due to rising insurance costs (up 24% since 2021), high property taxes (10% on gross rental income), and increasing maintenance expenses.

Properties purchased 5+ years ago are generally performing better due to significant appreciation (approximately 80% since the pandemic). New investors should carefully analyze operating expenses and consider that many properties operate at break-even or slight losses on annual cash flow, relying on property appreciation for overall returns.