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2617 Pegasus Pl, Myrtle Beach, SC 29577

3 beds • 3 baths • 1360 sqft

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This property looks like a bad Airbnb investment with a projected -7.94% first-year return on $91,290 initial cash invested.

-7.94%

Cash On Cash

4.44%

Cap Rate

0.73

DSCR

$2,907

Rent

-$604

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,907 income − $3,511 expenses = $604 out of pocket

Income$2,907Out of Pocket$604Mortgage P&I$1,77961%Property Taxes$1003%Insurance$1224%HOA$1154%Management$43615%CapEx$1164%Maintenance$1164%Other$72725%

Investment Breakdown

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Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,290

Downpayment

20%

$69,800

Closing costs

1%

$3,490

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,907

Total Expenses

$3,511

Mortgage P&I

61%

$1,779

Property Taxes

3%

$100

Home Insurance

4%

$122

HOA

4%

$115

Property Management

15%

$436

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$727

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