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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 -3.54% first-year return on $54,600 initial cash invested.

-3.54%

Cash On Cash

6.09%

Cap Rate

0.95

DSCR

$1,910

Rent

-$161

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

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

$1,910

Total Expenses

$2,071

Mortgage P&I

72%

$1,384

Property Taxes

5%

$98

Home Insurance

5%

$91

PManagement

10%

$191

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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