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This property looks like a bad Long-Term investment with a projected -3.07% first-year return on $54,390 initial cash invested.
-3.07%
Cash On Cash
6.2%
Cap Rate
0.97
DSCR
$1,980
Rent
-$139
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,390
Downpayment
20%
$51,800
Closing costs
1%
$2,590
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,980
Total Expenses
$2,119
Mortgage P&I
70%
$1,378
Property Taxes
7%
$135
Home Insurance
5%
$91
PManagement
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
113 Osprey Cove Loop, Myrtle Beach, SC 29588 | $1,810 | 3 | 2 | 1239 | 0.2 mi |
191 River Reach Dr, Myrtle Beach, SC 29588 | $2,095 | 3 | 2 | 1350 | 0.8 mi |
111 Portsmith Dr, Unit 7, Myrtle Beach, SC 29588 | $1,450 | 3 | 2 | 1300 | 1.6 mi |
207 Sebring Ln, Myrtle Beach, SC 29588 | $1,800 | 3 | 2 | 1200 | 1.1 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality