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This property looks like a bad Long-Term investment with a projected -12.56% first-year return on $62,790 initial cash invested.
-12.56%
Cash On Cash
4.08%
Cap Rate
0.65
DSCR
$1,950
Rent
-$657
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,790
Downpayment
20%
$59,800
Closing costs
1%
$2,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,950
Total Expenses
$2,607
Mortgage P&I
81%
$1,576
Property Taxes
17%
$328
Home Insurance
5%
$105
HOA
5%
$90
PManagement
10%
$195
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
5037 Billy K Trl, Myrtle Beach, SC 29579 | $1,695 | 3 | 2 | 1670 | 0.7 mi |
6031 Quinn Rd, Myrtle Beach, SC 29579 | $2,300 | 3 | 2 | 1501 | 0.7 mi |
4512 E Walkerton Rd, Myrtle Beach, SC 29579 | $2,375 | 3 | 2 | 1406 | 0 mi |
4359 Heartwood Ln, Myrtle Beach, SC 29579 | $1,800 | 3 | 2 | 1400 | 0.1 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