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2552 Triumph Dr., Myrtle Beach, SC 29577

3 beds • 2 baths • 1388 sqft

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This property looks like a bad Airbnb investment with a projected -3.16% first-year return on $69,471 initial cash invested.

-3.16%

Cash On Cash

5.56%

Cap Rate

0.93

DSCR

$2,315

Rent

-$183

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$245k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,471

Downpayment

20%

$49,020

Closing costs

1%

$2,451

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,315

Total Expenses

$2,498

Mortgage P&I

53%

$1,225

Property Taxes

2%

$42

Home Insurance

4%

$89

HOA

1%

$30

Property Management

15%

$347

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$579

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