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209 Stonebrook Dr., Myrtle Beach, SC 29588

3 beds • 2 baths • 1512 sqft

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This property could be a profitable Airbnb investment with a projected 10.91% first-year return on $65,544 initial cash invested.

10.91%

Cash On Cash

10.1%

Cap Rate

1.64

DSCR

$3,659

Rent

$596

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$226k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,544

Downpayment

20%

$45,280

Closing costs

1%

$2,264

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,659

Total Expenses

$3,063

Mortgage P&I

32%

$1,163

Property Taxes

2%

$64

Home Insurance

2%

$80

HOA

0%

$0

Property Management

15%

$549

CapEx

4%

$146

Vacancy

0%

$0

Maintenance

4%

$146

Other

25%

$915

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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2

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3

2

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3

2

0.42 mi

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4

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1.3 mi

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2

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0.9 mi

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$2,850

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5

4

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2

1

0.9 mi

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5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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