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Long-Term Rental Analysis
1105 Hemingway St., Myrtle Beach, SC 29577
$190,0004 beds • 2 baths • 1470 sqft

This property could be a profitable Long-Term investment with a projected 11.76% first-year return on $39,900 initial cash invested.

Cash On Cash
11.76%
Cap Rate
9.49%
Rent
$1,995
Signal: Med.
Cashflow
$391
Financing

Purchase Price  $190k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $39,900
Downpayment  $38,000
Closing costs  $1,900
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,995
Total Expenses  $1,604
Mortgage P&I  $1,011
Property Taxes  $7
Home Insurance  $66
PManagement  $200
CapEx  $100
Vacancy  $120
Maintenance  $100
Other  $0
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