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This property looks like a bad Long-Term investment with a projected -16.66% first-year return on $47,250 initial cash invested.
-16.66%
Cash On Cash
3.24%
Cap Rate
$1,590
Rent
-$656
Cashflow
-8.72
Cach on Cash
4.92%
Cap Rate
$3.477
Rent
-%822
Cashflow
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,250
Downpayment
20%
$45,000
Closing costs
1%
$2,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,590
Total Expenses
$2,246
Mortgage P&I
74%
$1,183
Property Taxes
15%
$232
Home Insurance
5%
$79
HOA
21%
$338
PManagement
10%
$159
CapEx
5%
$80
Vacancy
6%
$95
Maintenance
5%
$80
Other
0%
$0
Google Maps with the subject property comparables is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|
1314 River Oaks Dr, Myrtle Beach, SC 29579 | $1,600 | 2 | 2 | 914 | 1.6 mi |
130 Whitehaven Ct, Myrtle Beach, SC 29577 | $1,800 | 2 | 1 | 829 | 0.1 mi |
560 White River Dr, Myrtle Beach, SC 29579 | $1,450 | 2 | 2 | 982 | 1.9 mi |
476 River Oaks Dr, Apt 64H, Myrtle Beach, SC 29579 | $1,225 | 2 | 2 | 1.4 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