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Project Rental Revenue For Any Address

Long-Term Rental Analysis
158 Belle Grove Dr., Myrtle Beach, SC 29579
$299,9003 beds • 2 baths • 1368 sqft

This property looks like a bad Long-Term investment with a projected -8.78% first-year return on $62,979 initial cash invested.

Cash On Cash
-8.78%
Cap Rate
4.95%
Rent
$2,024
Cashflow
-$461
Rent Confidence:  High
Annual
$24,288
Median
$2,080
Avg
$2,025
Samples
25
Financing

Purchase Price  $300k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $62,979
Downpayment  20% $59,980
Closing costs  1% $2,999
Rehab  0% $0
Furnishing  0% $0
Cashflow

Total Income  $2,024
Total Expenses  $2,485
Mortgage P&I  79% $1,596
Property Taxes  9% $182
Home Insurance  5% $105
HOA  4% $77
PManagement  10% $202
CapEx  5% $101
Vacancy  6% $121
Maintenance  5% $101
Other  0% $0
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#Comparable PropertyRentBedsBathsSQFTDistance
1917 Bur Oak Ct$18003214500.3 mi
22144 Haystack Way$19503214001.1 mi
34533 Farm Lake Dr$21003214001.3 mi
4107 Village Center Dr, Unit Myrtle$20803212640.6 mi
51843 Berkley Village Loop$22003213971.7 mi
61787 Berkley Village Loop$20003213971.9 mi
7284 Bellegrove Dr$21003212000.4 mi
84829 Luster Leaf Cir, Apt 401$16003213702.3 mi
97019 River Bridge Ct$22503213972 mi
10245 Carolina Farms Blvd$22003215180.9 mi
114805 Luster Leaf Cir$17003213702.5 mi
125042 Cobblers Ct$20003214801.7 mi
135895 Arbor Isle Way, Unit C1$22453214572.1 mi
145895 Arbor Isle Way$21453214572.1 mi
154843 Luster Leaf Cir, Apt 402$16003214702.1 mi
164843 Luster Leaf Cir$18003214702.1 mi
176200 Blynn Dr, Apt C$18003214003 mi
184875 Luster Leaf Cir, Apt 105$18003215002.1 mi
19455 Carolina Farms Blvd$19503216001.4 mi
20100 Villa Mar Dr, Unit B4$240032.514461.4 mi
214865 Magnolia Pointe Ln$20003215002.5 mi
224827 Magnolia Lake Dr, Apt 102$21003215502.1 mi
234827 Magnolia Lake Dr$24003215512.1 mi
24396 Bellegrove Dr$22503314220.3 mi
252073 Haystack Way$215032.515001 mi

Projections