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$4,573 (target)

1540 Chianni Ln., Myrtle Beach, SC 29579

3 beds • 4 baths • 3501 sqft

$1,420,700

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This property looks like a bad Long-Term investment with a projected -24.21% first-year return on $298k initial cash invested.

-24.21%

Cash On Cash

1.14%

Cap Rate

0.19

DSCR

$4,573

Rent

-$6,019

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,573 income − $10,592 expenses = $6,019 out of pocket

Income$4,573Out of Pocket$6,019Mortgage P&I$7,138156%Property Taxes$1,40031%Insurance$52511%HOA$3407%Management$45710%CapEx$2295%Vacancy$2746%Maintenance$2295%

Investment Breakdown

|

Purchase Price

$1421k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$298k

Downpayment

20%

$284k

Closing costs

1%

$14,207

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,573

Total Expenses

$10,592

Mortgage P&I

156%

$7,138

Property Taxes

31%

$1,400

Home Insurance

11%

$525

HOA

7%

$340

Property Management

10%

$457

CapEx

5%

$229

Vacancy

6%

$274

Maintenance

5%

$229

Other

0%

$0

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