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2709 Temperance Dr., Myrtle Beach, SC 29577

3 beds • 2 baths • 1437 sqft

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This property looks like a bad Long-Term investment with a projected -6.99% first-year return on $55,650 initial cash invested.

-6.99%

Cash On Cash

5.37%

Cap Rate

0.84

DSCR

$1,980

Rent

-$324

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,980

Total Expenses

$2,304

Mortgage P&I

71%

$1,410

Property Taxes

13%

$256

Home Insurance

5%

$93

HOA

2%

$30

PManagement

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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