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This property looks like a bad Long-Term investment with a projected -1.84% first-year return on $59,367 initial cash invested.
-1.84%
Cash On Cash
5.71%
Cap Rate
1.01
DSCR
$2,010
Rent
-$91
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
5.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,367
Downpayment
20%
$56,540
Closing costs
1%
$2,827
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,010
Total Expenses
$2,101
Mortgage P&I
67%
$1,337
Property Taxes
4%
$72
Home Insurance
5%
$102
HOA
3%
$68
Property Management
10%
$201
CapEx
5%
$100
Vacancy
6%
$121
Maintenance
5%
$100
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
684 Rambler Ct, Myrtle Beach, SC 29588 | $1,950 | 3 | 2 | 1477 | 0.8 mi |
108 Marsh Rabbit Dr, Myrtle Beach, SC 29588 | $1,950 | 3 | 2 | 1404 | 0.3 mi |
4231 Sylvan Loop, Unit Magnolia, Myrtle Beach, SC 29588 | $2,598 | 3 | 2 | 1510 | 1.4 mi |
410 Colin Claire Ct, Myrtle Beach, SC 29588 | $2,150 | 3 | 2 | 1600 | 0.5 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