REI Lense

REI Lense

Unlock all features! Tap here to upgrade

244 Weyburn St., Myrtle Beach, SC 29579

3 beds • 2 baths • 1242 sqft

Email

This property might be a fair Airbnb investment with a projected 7.53% first-year return on $58,341 initial cash invested.

7.53%

Cash On Cash

9.13%

Cap Rate

1.5

DSCR

$3,078

Rent

$366

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,078 income − $2,712 expenses = $366 cash flow

Income$3,078Mortgage P&I$97232%Property Taxes$1354%Insurance$702%HOA$572%Management$46215%CapEx$1234%Maintenance$1234%Other$77025%Cash Flow$366

Investment Breakdown

|

Purchase Price

$192k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,341

Downpayment

20%

$38,420

Closing costs

1%

$1,921

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,078

Total Expenses

$2,712

Mortgage P&I

32%

$972

Property Taxes

4%

$135

Home Insurance

2%

$70

HOA

2%

$57

Property Management

15%

$462

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$770

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis