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446 Indigo Bay Circle, Myrtle Beach, SC 29579

4 beds • 3 baths • 3423 sqft

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This property looks like a bad Airbnb investment with a projected -7.24% first-year return on $164k initial cash invested.

-7.24%

Cash On Cash

4.38%

Cap Rate

0.76

DSCR

$5,330

Rent

-$992

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$669k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$164k

Downpayment

20%

$134k

Closing costs

1%

$6,690

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$5,330

Total Expenses

$6,322

Mortgage P&I

60%

$3,219

Property Taxes

4%

$201

Home Insurance

4%

$234

HOA

2%

$110

Property Management

15%

$800

CapEx

4%

$213

Vacancy

0%

$0

Maintenance

4%

$213

Other

25%

$1,332

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