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2009 Lone Cypress Dr, Myrtle Beach, SC 29579

3 beds • 2 baths • 1772 sqft

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This property looks like a bad Airbnb investment with a projected -5.85% first-year return on $99,039 initial cash invested.

-5.85%

Cash On Cash

4.82%

Cap Rate

0.82

DSCR

$3,396

Rent

-$483

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,039

Downpayment

20%

$77,180

Closing costs

1%

$3,859

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,396

Total Expenses

$3,879

Mortgage P&I

56%

$1,898

Property Taxes

3%

$116

Home Insurance

4%

$135

HOA

3%

$100

Property Management

15%

$509

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$849

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