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2004 Tiller Ct., Myrtle Beach, SC 29579

3 beds • 2 baths • 2063 sqft

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This property looks like a bad Airbnb investment with a projected -8.4% first-year return on $112k initial cash invested.

-8.4%

Cash On Cash

4.29%

Cap Rate

0.72

DSCR

$3,670

Rent

-$783

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$447k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,340

Closing costs

1%

$4,467

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,670

Total Expenses

$4,453

Mortgage P&I

61%

$2,233

Property Taxes

4%

$137

Home Insurance

4%

$160

HOA

4%

$161

Property Management

15%

$550

CapEx

4%

$147

Vacancy

0%

$0

Maintenance

4%

$147

Other

25%

$918

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