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This property looks like a bad Long-Term investment with a projected -0.6% first-year return on $59,829 initial cash invested.
-0.6%
Cash On Cash
6.11%
Cap Rate
1.05
DSCR
$2,080
Rent
-$30
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,829
Downpayment
20%
$56,980
Closing costs
1%
$2,849
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,080
Total Expenses
$2,110
Mortgage P&I
66%
$1,376
Property Taxes
4%
$93
Home Insurance
5%
$100
PManagement
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
206 Surrey Ln, Myrtle Beach, SC 29579 | $1,795 | 3 | 2 | 1548 | 0.4 mi |
8100 Forest Edge Dr, Myrtle Beach, SC 29579 | $2,300 | 3 | 2 | 1520 | 1.4 mi |
1226 Ambling Way Dr, Myrtle Beach, SC 29579 | $2,100 | 3 | 2 | 1500 | 1.7 mi |
405 Vintage Cir, Myrtle Beach, SC 29579 | $2,100 | 3 | 2 | 1600 | 0.8 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