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 Long-Term investment with a projected -13.94% first-year return on $95,655 initial cash invested.
-13.94%
Cash On Cash
3.64%
Cap Rate
0.58
DSCR
$2,237
Rent
-$1,111
Cashflow
Cash Flow
$2,237 income − $3,348 expenses = $1,111 out of pocket
Investment Breakdown
|
Purchase Price
$456k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,655
Downpayment
20%
$91,100
Closing costs
1%
$4,555
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,237
Total Expenses
$3,348
Mortgage P&I
106%
$2,380
Property Taxes
6%
$137
Home Insurance
7%
$159
HOA
4%
$90
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0