Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -3.22% first-year return on $56,700 initial cash invested.
-3.22%
Cash On Cash
6.04%
Cap Rate
$1,980
Rent
-$152
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,700
Downpayment
20%
$54,000
Closing costs
1%
$2,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,980
Total Expenses
$2,132
Mortgage P&I
71%
$1,412
Property Taxes
3%
$66
Home Insurance
5%
$94
HOA
2%
$45
PManagement
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
8031 Resin Rd, Murrells Inlet, SC 29576 | $2,050 | 3 | 2 | 1201 | 0.6 mi |
3021 Sabal Ct, Murrells Inlet, SC 29576 | $1,950 | 3 | 2 | 1264 | 0.5 mi |
7971 Spruce Ln, Murrells Inlet, SC 29576 | $1,970 | 3 | 2 | 1300 | 0.5 mi |
207 Sebring Ln, Myrtle Beach, SC 29588 | $1,800 | 3 | 2 | 1200 | 2.4 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality