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$3,118 (target)

2620 Painted Trillium Ct., Myrtle Beach, SC 29579

3 beds • 3 baths • 3129 sqft

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This property looks like a bad Long-Term investment with a projected -15.49% first-year return on $162k initial cash invested.

-15.49%

Cash On Cash

2.85%

Cap Rate

0.49

DSCR

$3,118

Rent

-$2,087

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$770k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$162k

Downpayment

20%

$154k

Closing costs

1%

$7,701

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,118

Total Expenses

$5,205

Mortgage P&I

121%

$3,758

Property Taxes

7%

$206

Home Insurance

9%

$280

HOA

5%

$150

Property Management

10%

$312

CapEx

5%

$156

Vacancy

6%

$187

Maintenance

5%

$156

Other

0%

$0

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