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4889 Westwind Dr., Myrtle Beach, SC 29579

3 beds • 3 baths • 2700 sqft

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This property looks like a bad Airbnb investment with a projected -19.45% first-year return on $138k initial cash invested.

-19.45%

Cash On Cash

1.52%

Cap Rate

0.25

DSCR

$2,126

Rent

-$2,236

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,126 income − $4,362 expenses = $2,236 out of pocket

Income$2,126Out of Pocket$2,236Mortgage P&I$2,876135%Property Taxes$1678%Insurance$21010%HOA$884%Management$31915%CapEx$854%Maintenance$854%Other$53225%

Investment Breakdown

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Purchase Price

$571k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,713

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,126

Total Expenses

$4,362

Mortgage P&I

135%

$2,876

Property Taxes

8%

$167

Home Insurance

10%

$210

HOA

4%

$88

Property Management

15%

$319

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$532

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