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308 Sandcrest Dr., North Myrtle Beach, SC 29582

3 beds • 3 baths • 1228 sqft

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This property looks like a bad Long-Term investment with a projected -15.59% first-year return on $111k initial cash invested.

-15.59%

Cash On Cash

2.97%

Cap Rate

0.49

DSCR

$2,090

Rent

-$1,443

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$529k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$106k

Closing costs

1%

$5,290

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,090

Total Expenses

$3,533

Mortgage P&I

127%

$2,647

Property Taxes

8%

$159

Home Insurance

9%

$185

HOA

0%

$0

Property Management

10%

$209

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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