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This property looks like a bad Long-Term investment with a projected -3.99% first-year return on $45,150 initial cash invested.
-3.99%
Cash On Cash
6.07%
Cap Rate
0.95
DSCR
$1,950
Rent
-$150
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,150
Downpayment
20%
$43,000
Closing costs
1%
$2,150
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,950
Total Expenses
$2,100
Mortgage P&I
58%
$1,140
Property Taxes
2%
$39
Home Insurance
4%
$75
HOA
17%
$338
PManagement
10%
$195
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
34 Foxcroft Ln, Myrtle Beach, SC 29577 | $2,100 | 3 | 2 | 1200 | 0.2 mi |
507A 31st Ave N, Myrtle Beach, SC 29577 | $1,950 | 3 | 2 | 1200 | 1.6 mi |
21 Foxcroft Ln, Myrtle Beach, SC 29577 | $2,100 | 3 | 2 | 0.2 mi | |
4 Foxcroft Ln, Myrtle Beach, SC 29577 | $2,100 | 3 | 2 | 0.2 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