REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2060 Timmerman Rd., Myrtle Beach, SC 29588

3 beds • 3 baths • 2238 sqft

Email

This property looks like a bad Mid-Term investment with a projected -13% first-year return on $168k initial cash invested.

-13%

Cash On Cash

3.13%

Cap Rate

0.53

DSCR

$3,531

Rent

-$1,819

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$714k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$143k

Closing costs

1%

$7,139

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,531

Total Expenses

$5,350

Mortgage P&I

100%

$3,543

Property Taxes

4%

$126

Home Insurance

8%

$273

HOA

6%

$208

Property Management

12%

$424

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$388

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis