REI LenseREI Lense
  • Airbnb
  • Long-Term
  • Mid-Term
View on Zillow
Long-Term Rental Analysis
1054 Pine Dr., Myrtle Beach, SC 29577
$259,999 • 3 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
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
11644 Sturat Square Cir$20003211000.8 mi
21644 Stuart Square Cir$23003211000.8 mi
31601 Stuart Square Cir$20003211000.9 mi
4958 Ashley Dr$18903211840.6 mi
5624 Bonaventure Dr$19503212001.2 mi
61001 Beach Walk Pl, Unit 1001$16003212001.3 mi
7703 Beach Walk Pl$160032.511001.3 mi
81315 Melanie Ln$22003212421.1 mi
91208 Rosehaven Dr$22003212001.7 mi
10402 Beach Walk Pl, Unit 402$16003212501.3 mi
1134 Foxcroft Ln$21003212002.2 mi
121406 Tranquility Ln$22003213001.1 mi
132000 Greens Blvd, Apt 36B$17503211902.5 mi
142000 Greens Blvd, Apt 22C$18003211902.6 mi
151779 Low Country Pl, Unit 57$20003214001 mi
161749 Sea Pines Blvd$25993214001.4 mi
171053 Pinwheel Loop$170032.513090.8 mi
181000 Pembroke Ct$195032.513001.1 mi
19998 Pinnacle Ln, Unit Main$220032.513191 mi
201016 Pinnacle Ln$172532.513190.9 mi
211779 Low Country Pl, Apt D$190032.513901 mi
2221 Foxcroft Ln$2100322.2 mi
234 Foxcroft Ln$2100322.2 mi
241631 Low Country Blvd, Unit A$179532.514500.8 mi
251631 Low Country Pl, Apt B$172532.514500.8 mi