Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -7.22% first-year return on $60,837 initial cash invested.
-7.22%
Cash On Cash
4.68%
Cap Rate
0.81
DSCR
$1,920
Rent
-$366
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,837
Downpayment
20%
$57,940
Closing costs
1%
$2,897
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,920
Total Expenses
$2,286
Mortgage P&I
73%
$1,400
Property Taxes
11%
$217
Home Insurance
5%
$101
HOA
4%
$69
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0
Loading map...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
131 Maggie Way, Myrtle Beach, SC 29588 | $1,900 | 3 | 2 | 1301 | 0.6 mi |
217 Stonebridge Dr, Myrtle Beach, SC 29588 | $1,800 | 3 | 2 | 1275 | 1.1 mi |
229 Holden Dr, Myrtle Beach, SC 29588 | $2,000 | 3 | 2 | 1319 | 0.6 mi |
1019 Shem Creek Cir, Myrtle Beach, SC 29588 | $1,795 | 3 | 2 | 1175 | 0.3 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