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$2,978 (target)

4131 Murrells Inlet Rd., Murrells Inlet, SC 29576

3 beds • 3 baths • 1570 sqft

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This property looks like a bad Mid-Term investment with a projected -11.74% first-year return on $144k initial cash invested.

-11.74%

Cash On Cash

3.45%

Cap Rate

0.57

DSCR

$2,978

Rent

-$1,410

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,978 income − $4,388 expenses = $1,410 out of pocket

Income$2,978Out of Pocket$1,410Mortgage P&I$3,016101%Property Taxes$1214%Insurance$2187%HOA$211%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%

Investment Breakdown

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Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$6,004

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,978

Total Expenses

$4,388

Mortgage P&I

101%

$3,016

Property Taxes

4%

$121

Home Insurance

7%

$218

HOA

1%

$21

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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