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Long-Term Rental Analysis
123 Countryside Dr., Myrtle Beach, SC 29579
$205,000 • 3 beds • 2 baths • 1068 sqft

This property might be a fair Long-Term investment with a projected 1.73% first-year return on $43,050 initial cash invested.

Cash On Cash
1.73%
Cap Rate
7.25%
Rent
$1,700
Signal: Low
Cashflow
$62
Financing
Purchase Price  $205k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest
Total  $43,050
Downpayment  $41,000
Closing costs  $2,050
Rehab  $0
Furnishing  $0
Cashflow
Total Income  $1,700
Total Expenses  $1,638
Mortgage P&I  $1,091
Property Taxes  $33
Home Insurance  $72
PManagement  $170
CapEx  $85
Vacancy  $102
Maintenance  $85
Other  $0
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