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1302 Saw Palmetto St, North Myrtle Beach, SC 29582
3 beds • 3 baths • 2131 sqft
$549,990
View on ZillowThis property looks like a bad Long-Term investment with a projected -13.93% first-year return on $115k initial cash invested.
-13.93%
Cash On Cash
3.34%
Cap Rate
0.56
DSCR
$2,390
Rent
-$1,341
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$115k
Downpayment
20%
$110k
Closing costs
1%
$5,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,390
Total Expenses
$3,731
Mortgage P&I
115%
$2,752
Property Taxes
7%
$165
Home Insurance
8%
$192
HOA
0%
$0
Property Management
10%
$239
CapEx
5%
$120
Vacancy
6%
$143
Maintenance
5%
$120
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
414 Carriage Lake Dr, Little River, SC 29566 | $2,650 | 3 | 3 | 2301 | 2.2 mi |
264 Palmetto Harbour Dr, North Myrtle Beach, SC 29582 | $2,950 | 3 | 2.5 | 2650 | 0.3 mi |
4346 Windy Heights Dr, North Myrtle Beach, SC 29582 | $4,000 | 3 | 2 | 2130 | 2.4 mi |
550 Ramblewood Cir, Little River, SC 29566 | $2,100 | 3 | 2.5 | 2400 | 2.9 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