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Long-Term Rental Analysis
195 Bonnie Bridge Circle, Myrtle Beach, SC 29579
$299,900 • 4 beds • 2 baths • 1351 sqft

This property looks like a bad Long-Term investment with a projected -5.74% first-year return on $62,979 initial cash invested.

Cash On Cash
-5.74%
Cap Rate
5.6%
Rent
$2,079
Cashflow
-$301
Rent Confidence:  High
Annual
$24,948
Median
$2,185
Avg
$2,120
Samples
25
Financing
Purchase Price  $300k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest
Total  $62,979
Downpayment  $59,980
Closing costs  $2,999
Rehab  $0
Furnishing  $0
Cashflow
Total Income  $2,079
Total Expenses  $2,380
Mortgage P&I  $1,596
Property Taxes  $78
Home Insurance  $105
HOA  $60
PManagement  $208
CapEx  $104
Vacancy  $125
Maintenance  $104
Other  $0
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