REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

141 Tradd St., Myrtle Beach, SC 29588

3 beds • 2 baths • 1500 sqft

Email

This property might be a fair Airbnb investment with a projected 3.26% first-year return on $74,070 initial cash invested.

3.26%

Cash On Cash

7.16%

Cap Rate

1.26

DSCR

$3,256

Rent

$201

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$267k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,070

Downpayment

20%

$53,400

Closing costs

1%

$2,670

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,256

Total Expenses

$3,055

Mortgage P&I

39%

$1,263

Property Taxes

2%

$49

Home Insurance

3%

$96

HOA

3%

$85

Property Management

15%

$488

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$814

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Three bedroom Bungalow

$2,402

$141

3

2

1.16 mi

Jessica’s water watch

$2,998

$176

3

2

1.19 mi

Luxurious Cottage-Pet/Friendly. Boardwalk 15 min.

$3,168

$186

3

2

1.34 mi

3-Bedroom Family Home - Pet Friendly

$2,555

$150

3

2

1.36 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis