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269 Ackerman Dr., Myrtle Beach, SC 29579

3 beds • 2 baths • 1713 sqft

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This property looks like a bad Mid-Term investment with a projected -3.2% first-year return on $98,682 initial cash invested.

-3.2%

Cash On Cash

5.55%

Cap Rate

0.92

DSCR

$2,943

Rent

-$263

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$384k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,682

Downpayment

20%

$76,840

Closing costs

1%

$3,842

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,943

Total Expenses

$3,206

Mortgage P&I

65%

$1,921

Property Taxes

4%

$114

Home Insurance

5%

$140

HOA

1%

$30

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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