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129 Rocko Dr., Myrtle Beach, SC 29579

3 beds • 2 baths • 1999 sqft

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This property looks like a bad Airbnb investment with a projected -3.69% first-year return on $82,176 initial cash invested.

-3.69%

Cash On Cash

5.23%

Cap Rate

0.91

DSCR

$3,044

Rent

-$253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$306k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,176

Downpayment

20%

$61,120

Closing costs

1%

$3,056

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,044

Total Expenses

$3,297

Mortgage P&I

48%

$1,462

Property Taxes

6%

$186

Home Insurance

4%

$110

HOA

3%

$77

Property Management

15%

$457

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$761

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