REI Lense

REI Lense

Unlock all features! Tap here to upgrade

477 Blackberry Ln., Myrtle Beach, SC 29579

3 beds • 2 baths • 1693 sqft

Email

This property looks like a bad Airbnb investment with a projected -16.84% first-year return on $94,650 initial cash invested.

-16.84%

Cash On Cash

1.85%

Cap Rate

0.31

DSCR

$1,813

Rent

-$1,328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,813 income − $3,141 expenses = $1,328 out of pocket

Income$1,813Out of Pocket$1,328Mortgage P&I$1,818100%Property Taxes$24714%Insurance$1287%HOA$774%Management$27215%CapEx$734%Maintenance$734%Other$45325%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,813

Total Expenses

$3,141

Mortgage P&I

100%

$1,818

Property Taxes

14%

$247

Home Insurance

7%

$128

HOA

4%

$77

Property Management

15%

$272

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$453

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis