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$4,516 (target)

406 Harbour View Dr., Myrtle Beach, SC 29579

3 beds • 3 baths • 2609 sqft

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This property looks like a bad Mid-Term investment with a projected -7.83% first-year return on $154k initial cash invested.

-7.83%

Cash On Cash

4.62%

Cap Rate

0.75

DSCR

$4,516

Rent

-$1,008

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,516 income − $5,524 expenses = $1,008 out of pocket

Income$4,516Out of Pocket$1,008Mortgage P&I$3,33174%Property Taxes$1954%Insurance$2285%HOA$2345%Management$54212%CapEx$1814%Vacancy$1353%Maintenance$1814%Other$49711%

Investment Breakdown

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Purchase Price

$650k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$130k

Closing costs

1%

$6,499

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,516

Total Expenses

$5,524

Mortgage P&I

74%

$3,331

Property Taxes

4%

$195

Home Insurance

5%

$228

HOA

5%

$234

Property Management

12%

$542

CapEx

4%

$181

Vacancy

3%

$135

Maintenance

4%

$181

Other

11%

$497

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