REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,502 (target)

540 Brooksher Dr., Myrtle Beach, SC 29588

3 beds • 2 baths • 1866 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.45% first-year return on $109k initial cash invested.

-1.45%

Cash On Cash

5.97%

Cap Rate

1

DSCR

$3,502

Rent

-$132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,502 income − $3,634 expenses = $132 out of pocket

Income$3,502Out of Pocket$132Mortgage P&I$2,14761%Property Taxes$953%Insurance$1574%HOA$451%Management$42012%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38511%

Investment Breakdown

|

Purchase Price

$433k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,660

Closing costs

1%

$4,333

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,502

Total Expenses

$3,634

Mortgage P&I

61%

$2,147

Property Taxes

3%

$95

Home Insurance

4%

$157

HOA

1%

$45

Property Management

12%

$420

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$385

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis