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Long-Term Rental Analysis
227 Fox Squirrel Dr., Myrtle Beach, SC 29588
$244,9003 beds • 2 baths • 960 sqft

This property looks like a bad Long-Term investment with a projected -8.19% first-year return on $51,429 initial cash invested.

Cash On Cash
-8.19%
Cap Rate
5.09%
Rent
$1,717
Cashflow
-$351
Rent Confidence:  High
Annual
$20,604
Median
$1,713
Avg
$1,761
Samples
25
Financing

Purchase Price  $245k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $51,429
Downpayment  $48,980
Closing costs  $2,449
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,717
Total Expenses  $2,068
Mortgage P&I  $1,303
Property Taxes  $184
Home Insurance  $86
HOA  $48
PManagement  $172
CapEx  $86
Vacancy  $103
Maintenance  $86
Other  $0
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