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Project Rental Revenue For Any Address

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Long-Term Rental Analysis
1130 Ganton Way, Myrtle Beach, SC 29588
$264,900 • 2 beds • 2 baths • 1042 sqft

This property looks like a bad Long-Term investment with a projected -9.12% first-year return on $55,629 initial cash invested.

Cash On Cash
-9.12%
Cap Rate
4.64%
Rent
$1,630
Cashflow
-$423
Rent Confidence:  High
Annual
$19,560
Median
$1,500
Avg
$1,630
Samples
25
Financing
Purchase Price  $265k
Downpayment  20.0%
Interest Rate  6.7%
Mortgage Duration  30yr.
Cash To Invest
Total  $55,629
Downpayment  20% $52,980
Closing costs  1% $2,649
Rehab  0% $0
Furnishing  0% $0
Cashflow
Total Income  $1,630
Total Expenses  $2,053
Mortgage P&I  84% $1,366
Property Taxes  4% $66
Home Insurance  6% $93
HOA  6% $103
PManagement  10% $163
CapEx  5% $82
Vacancy  6% $98
Maintenance  5% $82
Other  0% $0
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#Comparable PropertyRentBedsBathsSQFTDistance
16659 E Sweetbriar Trl, Myrtle Beach, SC 29588$1450229471.1 mi
2765 Riverward Dr, Myrtle Beach, SC 29588$19752212002.2 mi
32265 Huntingdon Dr, Apt I, Myrtle Beach, SC 29575$15002211003.5 mi
42000 Cross Gate Blvd, Unit 205, Surfside Beach, SC 29575$14002210004.1 mi
56626 Heron Pt, Myrtle Beach, SC 29588$14952214000.9 mi
610105 Duval Dr, Murrells Inlet, SC 29576$19002212003.7 mi
7172 Ella Kinley Cir, Myrtle Beach, SC 29588$18002214004 mi
8145 Colonial Cir, Murrells Inlet, SC 29576$1350224.2 mi
9145 Colonial Cir, Apt A6, Murrells Inlet, SC 29576$1350224.2 mi
10145 Colonial Cir, Apt A5, Murrells Inlet, SC 29576$1400224.2 mi
116148 Salem Rd, Myrtle Beach, SC 29588$1050217501.1 mi
126645 E Sweetbriar Trl, Myrtle Beach, SC 29588$14002115001.1 mi
13207 Sebring Ln, Myrtle Beach, SC 29588$18003212001.1 mi
14203 Fox Ln, Murrells Inlet, SC 29576$179521.54.1 mi
15510 Fairwood Lakes Dr, Unit 21R, Myrtle Beach, SC 29588$17002210510.6 mi
16864 Tall Oaks Ct, Unit C, Myrtle Beach, SC 29588$15002210060.3 mi
178031 Resin Rd, Murrells Inlet, SC 29576$20503212011.9 mi
18113 Osprey Cove Loop, Myrtle Beach, SC 29588$18453212391.7 mi
19102 Leadoff Dr, Myrtle Beach, SC 29588$12652211000.6 mi
203021 Sabal Ct, Murrells Inlet, SC 29576$19503212641.8 mi
212196 Glenns Bay Rd, Surfside Beach, SC 29575$2000213.8 mi
22294 Caspian Tern Dr, Myrtle Beach, SC 29588$19503212442.3 mi
237971 Spruce Ln, Murrells Inlet, SC 29576$19703213001.9 mi
24500 Fairway Village Dr, Myrtle Beach, SC 29588$1400229400.6 mi
256850 King Arthur Dr, Unit 201, Myrtle Beach, SC 29588$1450229500.9 mi

Projections