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1054 Pine Dr., Myrtle Beach, SC 29577

3 beds • 2 baths • 1100 sqft

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This property looks like a bad Long-Term investment with a projected -5.96% first-year return on $54,600 initial cash invested.

-5.96%

Cash On Cash

5.54%

Cap Rate

0.87

DSCR

$1,760

Rent

-$271

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,760

Total Expenses

$2,031

Mortgage P&I

79%

$1,384

Property Taxes

6%

$98

Home Insurance

5%

$91

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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