REI LenseREI Lense
  • Airbnb
  • Long-Term
  • Mid-Term
Long-Term Rental Analysis
4810 Southern Trail, Myrtle Beach, SC 29579
$299,9002 beds • 2 baths • 1500 sqft

This property looks like a bad Long-Term investment with a projected -14.9% first-year return on $62,979 initial cash invested.

Cash On Cash
-14.9%
Cap Rate
3.58%
Rent
$1,599
Cashflow
-$782
Rent Confidence:  High
Annual
$19,188
Median
$1,475
Avg
$1,560
Samples
25
Financing

Purchase Price  $300k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $62,979
Downpayment  $59,980
Closing costs  $2,999
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,599
Total Expenses  $2,381
Mortgage P&I  $1,596
Property Taxes  $199
Home Insurance  $105
HOA  $65
PManagement  $160
CapEx  $80
Vacancy  $96
Maintenance  $80
Other  $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
14822 Innisbrook Ct$16502214321 mi
2340 Kiskadee Loop, Unit I$13252211500.9 mi
3340 Kiskadee Loop, Unit G$13502211500.9 mi
4340 Kiskadee Loop, Unit H$13502211500.9 mi
54930 Windsor Green Way$16452212802.5 mi
64930 Windsor Green Way, Unit 302$16452212802.5 mi
75020 Windsor Green Way, Unit 301$20252212742.4 mi
84823 Innisbrook Ct, Apt 703$1850221 mi
94970 Windsor Green Way$13952212502.5 mi
104970 Windsor Green Way, Unit 201$17502212502.5 mi
11626 Albemarle Way, Unit Cora$20252213543.7 mi
124920 Windsor Green Way$15502212282.5 mi
13300 Kiskadee Loop, Unit H$13992210250.9 mi
14302 Kiskadee Loop, Unit G$13252210250.9 mi
15336 Kiskadee Loop$12992210000.8 mi
16306 Kiskadee Loop$185022.50.8 mi
174905 Britewater Ct, Unit 102$20002211322.6 mi
184840 Windsor Green Way$1395222.6 mi
19200 Willow Green Dr$17952314512.8 mi
201025 Carolina Rd$130021.513744 mi
21300 Myrtle Greens Dr, Apt E$1275223 mi
22300 Myrtle Greens Dr, Apt D$1375223 mi
23460 Myrtle Greens Dr$1350223.3 mi
24374 Kiskadee Loop, Unit 38H$1600229001 mi
25460 Myrtle Greens Dr, Apt D$1475223.3 mi