Unlock all features! Tap here to upgrade
This property could be a profitable Long-Term investment with a projected 15.64% first-year return on $43,050 initial cash invested.
15.64%
Cash On Cash
10.14%
Cap Rate
1.65
DSCR
$2,390
Rent
$561
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,050
Downpayment
20%
$41,000
Closing costs
1%
$2,050
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,390
Total Expenses
$1,829
Mortgage P&I
44%
$1,051
Property Taxes
4%
$84
Home Insurance
3%
$72
PManagement
10%
$239
CapEx
5%
$120
Vacancy
6%
$143
Maintenance
5%
$120
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
830 Brenda Pl, Myrtle Beach, SC 29577 | $2,300 | 3 | 3 | 1800 | 1.8 mi |
405 38th Ave N, Myrtle Beach, SC 29577 | $4,000 | 3 | 2 | 1665 | 1.8 mi |
1703 Legion St, Myrtle Beach, SC 29577 | $3,200 | 3 | 2.5 | 0.4 mi | |
1676 Citadel Ln, Myrtle Beach, SC 29577 | $2,000 | 3 | 2 | 1470 | 1 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