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South Carolina Cap Rate Calculator

Calculate cap rates using South Carolina market data. Property tax, insurance, vacancy rates, and other defaults are pre-filled with current South Carolina averages. Net Operating Income ÷ Property Price

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Property Details

Operating Expenses(South Carolina defaults)

Total Annual Expenses$11,672

South Carolina Market Context

Avg Cap Rate

6%

Median Price

$381K

Property Tax

0.44%

Vacancy Rate

10.6%

Local Factors

  • -Highest rental vacancy rate in the nation at 10.6% — screen tenants carefully
  • -Charleston and Greenville are growth markets with strong job creation
  • -Very low property taxes for owner-occupied but investor properties taxed at higher assessment ratio

Sources

World Population Review – Median Home PriceFL Probate Law – Property Tax Rates (ACS Data)The Hartford – Insurance RatesiPropertyManagement – Vacancy Rates

Cap Rate

2.0%

Low
Net Operating Income$7,660
Gross Income$19,332
Total Expenses$11,672
South Carolina Avg Cap Rate6%
CAP RATE2.0%
NOI$7,660
Property Tax$1,676
Insurance$2,590
Maintenance$3,810
Management$1,547
Vacancy$2,049

What does this mean?

A cap rate below 4% is typical for premium locations with lower risk but limited cash flow. Common in Class A properties in major metros.

Keep running the numbers

One calculator rarely tells the whole story.

Cap rate tells you the return without financing. Now see what happens when you add a mortgage with South Carolina rates.

Cash on Cash Return

Measure the annual return on your actual cash invested, factoring in financing, expenses, and rental income.

Calculate

NOI

Calculate Net Operating Income — the foundation of commercial real estate valuation.

Calculate

Gross Rent Multiplier

Quickly screen and compare rental properties by how many years of gross income cover the purchase price.

Calculate

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