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This property could be a profitable Long-Term investment with a projected 14.1% first-year return on $34,650 initial cash invested.
14.1%
Cash On Cash
9.67%
Cap Rate
1.6
DSCR
$1,890
Rent
$407
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,890
Total Expenses
$1,483
Mortgage P&I
44%
$829
Property Taxes
6%
$106
Home Insurance
3%
$58
PManagement
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
1631 Low Country Blvd, Unit A, Myrtle Beach, SC 29577 | $1,600 | 3 | 2 | 1450 | 1 mi |
625 11th Ave S, Myrtle Beach, SC 29577 | $2,125 | 3 | 2 | 1525 | 0.8 mi |
1676 Citadel Ln, Myrtle Beach, SC 29577 | $2,000 | 3 | 2 | 1470 | 1.5 mi |
1208 Rosehaven Dr, Unit B, Myrtle Beach, SC 29577 | $1,850 | 3 | 2 | 1200 | 1.5 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