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$3,698 (target)

4567 Weekly Dr, Myrtle Beach, SC 29579

3 beds • 2 baths • 1746 sqft

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This property might be a fair Mid-Term investment with a projected 4.4% first-year return on $89,715 initial cash invested.

4.4%

Cash On Cash

7.91%

Cap Rate

1.27

DSCR

$3,698

Rent

$329

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,698 income − $3,369 expenses = $329 cash flow

Income$3,698Mortgage P&I$1,77548%Property Taxes$973%Insurance$1223%HOA$1173%Management$44412%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40711%Cash Flow$329

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,715

Downpayment

20%

$68,300

Closing costs

1%

$3,415

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,698

Total Expenses

$3,369

Mortgage P&I

48%

$1,775

Property Taxes

3%

$97

Home Insurance

3%

$122

HOA

3%

$117

Property Management

12%

$444

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$407

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