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509 Creekwood Ct., Myrtle Beach, SC 29588

3 beds • 2 baths • 1200 sqft

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This property could be a profitable Long-Term investment with a projected 17.05% first-year return on $34,629 initial cash invested.

17.05%

Cash On Cash

10.49%

Cap Rate

1.69

DSCR

$1,940

Rent

$492

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,629

Downpayment

20%

$32,980

Closing costs

1%

$1,649

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,940

Total Expenses

$1,448

Mortgage P&I

44%

$853

Property Taxes

2%

$33

Home Insurance

3%

$58

PManagement

10%

$194

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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