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This property looks like a bad Long-Term investment with a projected -2.77% first-year return on $56,679 initial cash invested.
-2.77%
Cash On Cash
5.94%
Cap Rate
0.97
DSCR
$1,910
Rent
-$131
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,910
Total Expenses
$2,041
Mortgage P&I
72%
$1,370
Property Taxes
3%
$56
Home Insurance
5%
$94
HOA
1%
$23
PManagement
10%
$191
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
113 Osprey Cove Loop, Myrtle Beach, SC 29588 | $1,810 | 3 | 2 | 1239 | 0.1 mi |
111 Portsmith Dr, Unit 7, Myrtle Beach, SC 29588 | $1,450 | 3 | 2 | 1300 | 1.3 mi |
191 River Reach Dr, Myrtle Beach, SC 29588 | $1,800 | 3 | 2 | 1350 | 1 mi |
444 Plover Ln, Myrtle Beach, SC 29588 | $1,995 | 3 | 2 | 1425 | 0.3 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality