305 Jenkins St. Lot 211, Surfside Beach, SC 29575
3 beds • 2 baths • 1762 sqft
$455,500
View on ZillowThis property looks like a bad Mid-Term investment with a projected -5.82% first-year return on $114k initial cash invested.
-5.82%
Cash On Cash
5.17%
Cap Rate
0.82
DSCR
$3,356
Rent
-$551
Cashflow
Cash Flow
$3,356 income − $3,907 expenses = $551 out of pocket
Investment Breakdown
|
Purchase Price
$456k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$91,100
Closing costs
1%
$4,555
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,356
Total Expenses
$3,907
Mortgage P&I
71%
$2,380
Property Taxes
4%
$137
Home Insurance
5%
$159
HOA
3%
$90
Property Management
12%
$403
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369