REI Lense Long-Term Real Estate Investment Calculator - 102 Whitehaven Ct., Myrtle Beach, SC 29577 cashflows -$303/mo

Long-Term Rental Analysis

102 Whitehaven Ct., Myrtle Beach, SC 29577

$198,875 • 2 beds • 2 baths • 968 sqft

This property looks like a bad Long-Term investment with a projected -8.71% first-year return on $41,764 initial cash invested.

Cash On Cash

-8.71%

Cap Rate

5.04%

Rent

$1,613

Cashflow

-$303

Rent Confidence: High

Annual

$19,356

Median

$1,600

Avg

$1,612

Samples

Financing

Purchase Price $199k

Downpayment 20.0%

Interest Rate 7.0%

Mortgage Duration 30yr.

Cash To Invest

Total $41,764

Downpayment $39,775

Closing costs $1,989

Rehab $0

Furnishing $0

Cashflow

Total Income $1,613

Total Expenses $1,916

Mortgage P&I $1,058

Property Taxes $33

Home Insurance $70

HOA $335

PManagement $161

CapEx $81

Vacancy $97

Maintenance $81

Other $0

Google Maps with the subject property comparables is loading...

#	Comparable Property	Rent	Beds	Baths	SQFT	Distance
1	303 Lyons Cove Dr	$2100	2	2	931	0.1 mi
2	2005 Greens Blvd, Apt E401	$1700	2	2	900	0.2 mi
3	2005 Greens Blvd	$1500	2	2	854	0.2 mi
4	2005 Greens Blvd, Apt F308	$1700	2	2	846	0.2 mi
5	2005 Greens Blvd, Apt E202	$1650	2	2	846	0.2 mi
6	2005 Greens Blvd, Apt F408	$1700	2	2	846	0.2 mi
7	2005 Green Blvd, Unit E304	$1600	2	2	846	0.2 mi
8	3015 Old Bryan Dr, Apt 14-6	$1795	2	2	1038	1.7 mi
9	640 Waterway Village Blvd, Unit 15I	$1450	2	2	1000	2.3 mi
10	610 Waterway Village Blvd, Unit 26I	$1500	2	2	950	2.5 mi
11	306 Cedar St, Apt 12	$1500	2	2	1024	2.1 mi
12	607 Waterway Village Blvd, Unit 1F	$1700	2	2	950	2.6 mi
13	2925 Carriage Row Ln, Unit 134	$1550	2	2	1050	1.7 mi
14	1306 River Oaks Dr, Unit 3G	$1700	2	2	1000	2.5 mi
15	627 Waterway Village Blvd, Unit 8H	$1500	2	2	1000	2.5 mi
16	606 River Oaks Dr, Apt 56E	$1775	2	2	975	2.9 mi
17	560 White River Dr	$1450	2	2	982	3 mi
18	650 River Oaks Dr, Apt 46H	$1475	2	2	985	2.9 mi
19	4635 Wild Iris Dr, Apt 203	$1500	2	2	950	2.9 mi
20	646 River Oaks Dr, Apt 47A	$1500	2	2	995	2.9 mi
21	646 River Oaks Dr, Apt 47F	$1650	2	2	1000	2.9 mi
22	620 River Oaks Ii Dr N, # 53D	$1200	2	2	995	2.9 mi
23	654 River Oaks Dr, Apt 45H	$1600	2	2	1000	2.9 mi
24	1314 River Oaks Dr	$1700	2	2	914	2.5 mi
25	412 28th Ave N Apt F	$1800	2	2	917	2.6 mi