REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,050 (target)

549 Pennington Loop, Myrtle Beach, SC 29588

3 beds • 2 baths • 1549 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.37% first-year return on $66,738 initial cash invested.

-6.37%

Cash On Cash

5.12%

Cap Rate

0.84

DSCR

$2,050

Rent

-$354

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,738

Downpayment

20%

$63,560

Closing costs

1%

$3,178

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,050

Total Expenses

$2,404

Mortgage P&I

78%

$1,607

Property Taxes

5%

$101

Home Insurance

5%

$112

HOA

3%

$52

Property Management

10%

$205

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis