REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2933 Pegasus Place, Myrtle Beach, SC 29577

3 beds • 3 baths • 2164 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.61% first-year return on $102k initial cash invested.

-14.61%

Cash On Cash

2.51%

Cap Rate

0.42

DSCR

$2,163

Rent

-$1,242

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,163 income − $3,405 expenses = $1,242 out of pocket

Income$2,163Out of Pocket$1,242Mortgage P&I$1,99192%Property Taxes$1206%Insurance$1406%HOA$1155%Management$32415%CapEx$874%Maintenance$874%Other$54125%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,163

Total Expenses

$3,405

Mortgage P&I

92%

$1,991

Property Taxes

6%

$120

Home Insurance

6%

$140

HOA

5%

$115

Property Management

15%

$324

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$541

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis