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Project Rental Revenue For Any Address

View on Zillow
Long-Term Rental Analysis
412 Chesterfield Ct., Myrtle Beach, SC 29577
$189,900 • 2 beds • 2 baths • 1001 sqft

This property looks like a bad Long-Term investment with a projected -9.96% first-year return on $39,879 initial cash invested.

Cash On Cash
-9.96%
Cap Rate
4.51%
Rent
$1,570
Cashflow
-$331
Rent Confidence:  High
Annual
$18,840
Median
$1,595
Avg
$1,570
Samples
25
Financing
Purchase Price  $190k
Downpayment  20.0%
Interest Rate  6.6%
Mortgage Duration  30yr.
Cash To Invest
Total  $39,879
Downpayment  20% $37,980
Closing costs  1% $1,899
Rehab  0% $0
Furnishing  0% $0
Cashflow
Total Income  $1,570
Total Expenses  $1,901
Mortgage P&I  62% $966
Property Taxes  7% $107
Home Insurance  4% $66
HOA  23% $355
PManagement  10% $157
CapEx  5% $78
Vacancy  6% $94
Maintenance  5% $78
Other  0% $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
1560 White River Dr, Myrtle Beach, SC 29579$1450229821.9 mi
21314 River Oaks Dr, Myrtle Beach, SC 29579$1600229141.6 mi
3525 White River Dr, Unit 20I, Myrtle Beach, SC 29579$1450229002 mi
44115 Little River Rd, Apt 3B, Myrtle Beach, SC 29577$160021.59862 mi
5603 19th Ave N, Myrtle Beach, SC 29577$139521.59121.1 mi
61901 Legion St, Unit B, Myrtle Beach, SC 29577$16002110001.2 mi
73517 Fountain Ln, Myrtle Beach, SC 29577$175022.510981.5 mi
85 Settlers Ct, Myrtle Beach, SC 29577$18502212271.9 mi
9814 Tip Top Ln, Unit 403, Myrtle Beach, SC 29577$159522.511411.6 mi
10814 Tip Top Ln, Unit 402, Myrtle Beach, SC 29577$159522.511411.6 mi
11480 River Oaks Dr, Apt 63G, Myrtle Beach, SC 29579$1300228002 mi
12811 Tip Top Ln, Unit 308, Myrtle Beach, SC 29577$159522.511411.6 mi
13414 36th Ave N Unit A, Myrtle Beach, SC 29577$19002110001.9 mi
14476 River Oaks Dr, Apt 64H, Myrtle Beach, SC 29579$1225221.4 mi
151025 World Tour Blvd, Unit 205, Myrtle Beach, SC 29579$16002213001.8 mi
161302 River Oaks Dr, Unit 4G, Myrtle Beach, SC 29579$1400221.6 mi
17589 Blue River Ct, Unit 4G, Myrtle Beach, SC 29579$1400221.9 mi
18112 Cypress Point Ct, Unit 205, Myrtle Beach, SC 29579$1500221.9 mi
19492 River Oaks Dr, Apt 60B, Myrtle Beach, SC 29579$1300221.9 mi
20130 Whitehaven Ct, Myrtle Beach, SC 29577$1800218290.1 mi
213547 Lady Bank Loop, Myrtle Beach, SC 29577$195022.512931.4 mi
221109 Ocala St, Myrtle Beach, SC 29577$1250210.3 mi
231901 Legion St, Unit C, Myrtle Beach, SC 29577$2200231.2 mi
24471 Oakmont Dr, Myrtle Beach, SC 29579$10002217501.7 mi
25304 4th Ave N, Apt 4, Myrtle Beach, SC 29577$1950211.7 mi

Projections