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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 -10.65% first-year return on $91,290 initial cash invested.

-10.65%

Cash On Cash

3.68%

Cap Rate

0.6

DSCR

$2,513

Rent

-$810

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,513 income − $3,323 expenses = $810 out of pocket

Income$2,513Out of Pocket$810Mortgage P&I$1,77971%Property Taxes$1004%Insurance$1225%HOA$1155%Management$37715%CapEx$1014%Maintenance$1014%Other$62825%

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

$2,513

Total Expenses

$3,323

Mortgage P&I

71%

$1,779

Property Taxes

4%

$100

Home Insurance

5%

$122

HOA

5%

$115

Property Management

15%

$377

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$628

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