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102 Whitehaven Ct., Myrtle Beach, SC 29577

2 beds • 2 baths • 968 sqft

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This property looks like a bad Long-Term investment with a projected -9.19% first-year return on $41,764 initial cash invested.

-9.19%

Cash On Cash

4.94%

Cap Rate

$1,590

Rent

-$320

Cashflow

-8.72

Cach on Cash

4.92%

Cap Rate

$3.477

Rent

-%822

Cashflow

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Investment Breakdown

Financing

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,764

Downpayment

20%

$39,775

Closing costs

1%

$1,989

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,590

Total Expenses

$1,910

Mortgage P&I

67%

$1,058

Property Taxes

2%

$33

Home Insurance

4%

$70

HOA

21%

$335

PManagement

10%

$159

CapEx

5%

$80

Vacancy

6%

$95

Maintenance

5%

$80

Other

0%

$0

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