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This property might be a fair Long-Term investment with a projected 4.65% first-year return on $48,279 initial cash invested.
4.65%
Cash On Cash
7.81%
Cap Rate
1.24
DSCR
$2,050
Rent
$187
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,279
Downpayment
20%
$45,980
Closing costs
1%
$2,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,050
Total Expenses
$1,863
Mortgage P&I
59%
$1,208
Property Taxes
2%
$43
Home Insurance
4%
$80
PManagement
10%
$205
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
620 Burcale Rd, Myrtle Beach, SC 29579 | $1,800 | 3 | 2 | 1174 | 0.1 mi |
720 Bucklin Loop, Myrtle Beach, SC 29579 | $2,250 | 3 | 2 | 1237 | 0.9 mi |
120 Fountain Pointe Ln, Unit 204, Myrtle Beach, SC 29579 | $1,450 | 3 | 2 | 1328 | 0.4 mi |
346 Barton Loop, Myrtle Beach, SC 29579 | $1,950 | 3 | 2 | 1208 | 1.2 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