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209 Dry Valley Loop, Myrtle Beach, SC 29588

3 beds • 2 baths • 1132 sqft

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This property looks like a bad Long-Term investment with a projected -5.74% first-year return on $57,750 initial cash invested.

-5.74%

Cash On Cash

5.6%

Cap Rate

$1,900

Rent

-$276

Cashflow

-8.72

Cach on Cash

4.92%

Cap Rate

$3.477

Rent

-%822

Cashflow

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Investment Breakdown

Financing

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,900

Total Expenses

$2,176

Mortgage P&I

77%

$1,464

Property Taxes

5%

$88

Home Insurance

5%

$96

HOA

2%

$34

PManagement

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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