REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1468 Castleberry Pl., Myrtle Beach, SC 29588

3 beds • 3 baths • 2992 sqft

Email

This property looks like a bad Airbnb investment with a projected -18.91% first-year return on $155k initial cash invested.

-18.91%

Cash On Cash

1.42%

Cap Rate

0.25

DSCR

$2,273

Rent

-$2,437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$651k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$155k

Downpayment

20%

$130k

Closing costs

1%

$6,506

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,273

Total Expenses

$4,710

Mortgage P&I

137%

$3,117

Property Taxes

7%

$153

Home Insurance

10%

$236

HOA

5%

$113

Property Management

15%

$341

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$568

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis