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Long-Term Rental Analysis
209 Dry Valley Loop, Myrtle Beach, SC 29588
$275,0003 beds • 2 baths • 1132 sqft

This property looks like a bad Long-Term investment with a projected -8.29% first-year return on $57,750 initial cash invested.

Cash On Cash
-8.29%
Cap Rate
5.03%
Rent
$1,734
Cashflow
-$399
Rent Confidence:  High
Annual
$20,808
Median
$1,700
Avg
$1,757
Samples
25
Financing

Purchase Price  $275k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $57,750
Downpayment  $55,000
Closing costs  $2,750
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,734
Total Expenses  $2,133
Mortgage P&I  $1,464
Property Taxes  $88
Home Insurance  $96
HOA  $34
PManagement  $173
CapEx  $87
Vacancy  $104
Maintenance  $87
Other  $0
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