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2239 Sand Dunes Dr., Myrtle Beach, SC 29577

3 beds • 3 baths • 1567 sqft

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This property looks like a bad Airbnb investment with a projected -4.3% first-year return on $138k initial cash invested.

-4.3%

Cash On Cash

5.16%

Cap Rate

0.89

DSCR

$5,082

Rent

-$496

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$573k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$115k

Closing costs

1%

$5,733

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,082

Total Expenses

$5,578

Mortgage P&I

54%

$2,759

Property Taxes

3%

$176

Home Insurance

4%

$205

HOA

0%

$0

Property Management

15%

$762

CapEx

4%

$203

Vacancy

0%

$0

Maintenance

4%

$203

Other

25%

$1,270

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