• Airbnb
  • Long-Term
  • Mid-Term
  • New

Project Rental Revenue For Any Address

Long-Term Rental Analysis
3613 Farmington Pl., Myrtle Beach, SC 29579
$227,5003 beds • 2 baths • 1462 sqft

This property looks like a bad Long-Term investment with a projected -3.42% first-year return on $47,775 initial cash invested.

Cash On Cash
-3.42%
Cap Rate
6.16%
Rent
$1,833
Cashflow
-$136
Rent Confidence:  High
Annual
$21,996
Median
$1,850
Avg
$1,832
Samples
25
Financing

Purchase Price  $228k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $47,775
Downpayment  20% $45,500
Closing costs  1% $2,275
Rehab  0% $0
Furnishing  0% $0
Cashflow

Total Income  $1,833
Total Expenses  $1,969
Mortgage P&I  66% $1,211
Property Taxes  10% $188
Home Insurance  4% $80
HOA  1% $13
PManagement  10% $183
CapEx  5% $92
Vacancy  6% $110
Maintenance  5% $92
Other  0% $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
13613 Farmington Pl$18003215000 mi
23691 Farmington Pl$18003215540.1 mi
3636 Needlerush Ct$24003215400.7 mi
41226 Ambling Way Dr$19753215001.2 mi
5206 Surrey Ln$19953215481 mi
6135 Bonnie Bridge Cir$25953214001.3 mi
7359 Vesta Dr$17753216500.4 mi
8749 Bucklin Loop$19003213500.9 mi
9106 Fountain Pointe Ln, Unit 102$15953213280.8 mi
10106 Fountain Pointe Ln$15953213280.8 mi
11111 Fountain Pointe Ln, Unit 201$16503213280.9 mi
12796 Brookline Dr$18503216000.9 mi
13111 Fountain Pointe Ln$18003213280.8 mi
14100 Clovis Cir$20003214402.1 mi
15120 Fountain Pointe Ln, Unit 204$14503213281 mi
16105 Fountain Pointe Ln, Unit 301$16003213000.8 mi
172912 Skylar Dr$22003214752.5 mi
18201 Vesta Dr$19503212500.5 mi
19119 Fountain Pointe Ln, Unit 301$13003212840.9 mi
208100 Forest Edge Dr$21003215202.2 mi
21425 Hunley Ln$19503217500.3 mi
22119 Fountain Pointe Ln, Unit 203$13003212630.9 mi
23119 Fountain Pointe Ln$13003212630.9 mi
24691 Tidal Point Ln$20003213091.4 mi
25501 Ambrosia Loop$19253216501.4 mi

Projections