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1004 Sand Dollar Ct., North Myrtle Beach, SC 29582

3 beds • 2 baths • 1589 sqft

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This property looks like a bad Long-Term investment with a projected -13.91% first-year return on $97,986 initial cash invested.

-13.91%

Cash On Cash

3.35%

Cap Rate

0.56

DSCR

$2,060

Rent

-$1,136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$467k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,986

Downpayment

20%

$93,320

Closing costs

1%

$4,666

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,060

Total Expenses

$3,196

Mortgage P&I

113%

$2,334

Property Taxes

5%

$96

Home Insurance

9%

$180

HOA

2%

$50

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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