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Long-Term Rental Analysis
2665 Temperance Dr., Myrtle Beach, SC 29577
$279,0003 beds • 2 baths • 1372 sqft

This property looks like a bad Long-Term investment with a projected -4.12% first-year return on $58,590 initial cash invested.

Cash On Cash
-4.12%
Cap Rate
5.95%
Rent
$2,004
Cashflow
-$201
Rent Confidence:  High
Annual
$24,048
Median
$2,000
Avg
$2,005
Samples
25
Financing

Purchase Price  $279k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $58,590
Downpayment  $55,800
Closing costs  $2,790
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $2,004
Total Expenses  $2,205
Mortgage P&I  $1,485
Property Taxes  $72
Home Insurance  $98
HOA  $30
PManagement  $200
CapEx  $100
Vacancy  $120
Maintenance  $100
Other  $0
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