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$2,980 (target)

1058 Weslin Creek Dr., Myrtle Beach, SC 29588

3 beds • 2 baths • 1681 sqft

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This property looks like a bad Mid-Term investment with a projected -0.14% first-year return on $86,460 initial cash invested.

-0.14%

Cash On Cash

6.82%

Cap Rate

1.06

DSCR

$2,980

Rent

-$10

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,980 income − $2,990 expenses = $10 out of pocket

Income$2,980Out of Pocket$10Mortgage P&I$1,74559%Property Taxes$993%Insurance$1174%HOA$161%Management$35812%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%

Investment Breakdown

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Purchase Price

$326k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,460

Downpayment

20%

$65,200

Closing costs

1%

$3,260

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,980

Total Expenses

$2,990

Mortgage P&I

59%

$1,745

Property Taxes

3%

$99

Home Insurance

4%

$117

HOA

1%

$16

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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