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This property looks like a bad Long-Term investment with a projected -7.52% first-year return on $52,500 initial cash invested.
-7.52%
Cash On Cash
5.28%
Cap Rate
$1,990
Rent
-$329
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,990
Total Expenses
$2,319
Mortgage P&I
67%
$1,330
Property Taxes
1%
$28
Home Insurance
4%
$88
HOA
18%
$355
PManagement
10%
$199
CapEx
5%
$100
Vacancy
6%
$119
Maintenance
5%
$100
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
34 Foxcroft Ln, Myrtle Beach, SC 29577 | $2,100 | 3 | 2 | 1200 | 0.2 mi |
507A 31st Ave N, Myrtle Beach, SC 29577 | $1,950 | 3 | 2 | 1200 | 1.6 mi |
21 Foxcroft Ln, Myrtle Beach, SC 29577 | $2,100 | 3 | 2 | 0.2 mi | |
4 Foxcroft Ln, Myrtle Beach, SC 29577 | $2,100 | 3 | 2 | 0.2 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