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4401 Hunting Bow Trail, Myrtle Beach, SC 29579

3 beds • 2 baths • 1316 sqft

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This property looks like a bad Long-Term investment with a projected -7.15% first-year return on $60,900 initial cash invested.

-7.15%

Cash On Cash

5.12%

Cap Rate

0.82

DSCR

$1,790

Rent

-$363

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,900

Downpayment

20%

$58,000

Closing costs

1%

$2,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,790

Total Expenses

$2,153

Mortgage P&I

84%

$1,510

Property Taxes

4%

$75

Home Insurance

6%

$102

PManagement

10%

$179

CapEx

5%

$90

Vacancy

6%

$107

Maintenance

5%

$90

Other

0%

$0

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