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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 Long-Term investment with a projected -14.32% first-year return on $140k initial cash invested.

-14.32%

Cash On Cash

3.02%

Cap Rate

0.52

DSCR

$2,820

Rent

-$1,677

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

$140k

Downpayment

20%

$134k

Closing costs

1%

$6,690

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,820

Total Expenses

$4,497

Mortgage P&I

114%

$3,219

Property Taxes

7%

$201

Home Insurance

8%

$234

HOA

4%

$110

Property Management

10%

$282

CapEx

5%

$141

Vacancy

6%

$169

Maintenance

5%

$141

Other

0%

$0

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Comparable Property

Rent

Beds

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SQFT

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0.6 mi

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