Unlock all features! Tap here to upgrade
This property might be a fair Long-Term investment with a projected 9.41% first-year return on $40,929 initial cash invested.
9.41%
Cash On Cash
8.69%
Cap Rate
1.44
DSCR
$2,250
Rent
$321
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,929
Downpayment
20%
$38,980
Closing costs
1%
$1,949
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,250
Total Expenses
$1,929
Mortgage P&I
44%
$979
Property Taxes
13%
$298
Home Insurance
3%
$68
PManagement
10%
$225
CapEx
5%
$112
Vacancy
6%
$135
Maintenance
5%
$112
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
408 Levanto Rd, Myrtle Beach, SC 29588 | $2,100 | 4 | 3 | 2027 | 0.9 mi |
462 Levanto Rd, Myrtle Beach, SC 29588 | $2,295 | 4 | 3 | 2038 | 1 mi |
400 Cabo Loop, Myrtle Beach, SC 29588 | $2,350 | 4 | 3 | 2300 | 1.3 mi |
2355 Heritage Loop, Myrtle Beach, SC 29577 | $2,250 | 4 | 3 | 2164 | 2.7 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality