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This property looks like a bad Long-Term investment with a projected -8.53% first-year return on $47,250 initial cash invested.
-8.53%
Cash On Cash
4.81%
Cap Rate
0.79
DSCR
$1,920
Rent
-$336
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,250
Downpayment
20%
$45,000
Closing costs
1%
$2,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,920
Total Expenses
$2,256
Mortgage P&I
59%
$1,142
Property Taxes
9%
$181
Home Insurance
4%
$79
HOA
18%
$355
PManagement
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
507A 31st Ave N, Myrtle Beach, SC 29577 | $1,950 | 3 | 2 | 1200 | 1.6 mi |
578 Oakmont Dr, Myrtle Beach, SC 29579 | $2,200 | 3 | 2 | 1298 | 1.6 mi |
1676 Citadel Ln, Myrtle Beach, SC 29577 | $2,000 | 3 | 2 | 1470 | 0.1 mi |
3522 Lighthouse Way, Myrtle Beach, SC 29577 | $1,950 | 3 | 2 | 1401 | 1.3 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