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Long-Term Rental Analysis
1054 Pine Dr., Myrtle Beach, SC 29577
$259,9993 beds • 2 baths • 1100 sqft

This property looks like a bad Long-Term investment with a projected -3.1% first-year return on $54,600 initial cash invested.

Cash On Cash
-3.1%
Cap Rate
6.18%
Rent
$1,936
Cashflow
-$141
Rent Confidence:  High
Annual
$23,232
Median
$1,950
Avg
$1,959
Samples
25
Financing

Purchase Price  $260k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $54,600
Downpayment  $52,000
Closing costs  $2,600
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,936
Total Expenses  $2,077
Mortgage P&I  $1,384
Property Taxes  $98
Home Insurance  $91
PManagement  $194
CapEx  $97
Vacancy  $116
Maintenance  $97
Other  $0
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