Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -6.38% first-year return on $57,729 initial cash invested.
-6.38%
Cash On Cash
4.83%
Cap Rate
0.83
DSCR
$1,730
Rent
-$307
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,729
Downpayment
20%
$54,980
Closing costs
1%
$2,749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,730
Total Expenses
$2,037
Mortgage P&I
77%
$1,328
Property Taxes
4%
$67
Home Insurance
6%
$96
HOA
6%
$97
PManagement
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
6432 Sweet Gum Trl, Myrtle Beach, SC 29588 | $1,800 | 2 | 2 | 1300 | 0.7 mi |
6620 W Sweetbriar Trl, Myrtle Beach, SC 29588 | $1,800 | 2 | 2 | 1300 | 0.7 mi |
6661 Wisteria Dr, Myrtle Beach, SC 29588 | $1,695 | 2 | 2 | 1300 | 0.7 mi |
6851 King Arthur Dr, Myrtle Beach, SC 29588 | $1,750 | 2 | 2 | 1300 | 0.7 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