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1200 Great Lakes Circle, Myrtle Beach, SC 29588

4 beds • 3 baths • 2143 sqft

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This property looks like a bad Long-Term investment with a projected -8.72% first-year return on $79,170 initial cash invested.

-8.72%

Cash On Cash

4.23%

Cap Rate

0.74

DSCR

$2,390

Rent

-$575

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$377k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,170

Downpayment

20%

$75,400

Closing costs

1%

$3,770

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,390

Total Expenses

$2,965

Mortgage P&I

75%

$1,783

Property Taxes

15%

$369

Home Insurance

6%

$136

HOA

2%

$55

Property Management

10%

$239

CapEx

5%

$120

Vacancy

6%

$143

Maintenance

5%

$120

Other

0%

$0

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