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1302 Saw Palmetto St, North Myrtle Beach, SC 29582

3 beds • 3 baths • 2131 sqft

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This property looks like a bad Airbnb investment with a projected -27.95% first-year return on $133k initial cash invested.

-27.95%

Cash On Cash

-0.78%

Cap Rate

-0.13

DSCR

$0

Rent

-$3,109

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

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,500

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$0

Total Expenses

$3,109

Mortgage P&I

27520000%

$2,752

Property Taxes

1650000%

$165

Home Insurance

1920000%

$192

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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