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336 51st Ave. N, North Myrtle Beach, SC 29582

4 beds • 4 baths • 2469 sqft

$1,191,400

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This property looks like a bad Long-Term investment with a projected -22.82% first-year return on $250k initial cash invested.

-22.82%

Cash On Cash

1.37%

Cap Rate

0.23

DSCR

$2,490

Rent

-$4,757

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1191k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$250k

Downpayment

20%

$238k

Closing costs

1%

$11,914

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,490

Total Expenses

$7,247

Mortgage P&I

241%

$5,989

Property Taxes

7%

$168

Home Insurance

18%

$444

HOA

0%

$0

Property Management

10%

$249

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

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