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$3,576 (target)

1080 Harbison Circle, Myrtle Beach, SC 29579

3 beds • 2 baths • 2012 sqft

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This property looks like a bad Mid-Term investment with a projected -1.78% first-year return on $108k initial cash invested.

-1.78%

Cash On Cash

5.97%

Cap Rate

0.99

DSCR

$3,576

Rent

-$161

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,576 income − $3,737 expenses = $161 out of pocket

Income$3,576Out of Pocket$161Mortgage P&I$2,15760%Property Taxes$1294%Insurance$1504%HOA$862%Management$42912%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39311%

Investment Breakdown

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Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,980

Closing costs

1%

$4,299

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,576

Total Expenses

$3,737

Mortgage P&I

60%

$2,157

Property Taxes

4%

$129

Home Insurance

4%

$150

HOA

2%

$86

Property Management

12%

$429

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$393

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