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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 -6.21% first-year return on $55,650 initial cash invested.

-6.21%

Cash On Cash

5.54%

Cap Rate

0.87

DSCR

$2,030

Rent

-$288

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

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

$2,030

Total Expenses

$2,318

Mortgage P&I

69%

$1,410

Property Taxes

13%

$256

Home Insurance

5%

$93

HOA

1%

$30

PManagement

10%

$203

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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