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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 Long-Term investment with a projected -11.2% first-year return on $80,682 initial cash invested.

-11.2%

Cash On Cash

3.95%

Cap Rate

0.66

DSCR

$1,962

Rent

-$753

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

$80,682

Downpayment

20%

$76,840

Closing costs

1%

$3,842

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,962

Total Expenses

$2,715

Mortgage P&I

98%

$1,921

Property Taxes

6%

$114

Home Insurance

7%

$140

HOA

2%

$30

Property Management

10%

$196

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

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