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5535 Whitebark Dr., Myrtle Beach, SC 29577

3 beds • 2 baths • 1824 sqft

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This property looks like a bad Airbnb investment with a projected -14.17% first-year return on $137k initial cash invested.

-14.17%

Cash On Cash

2.33%

Cap Rate

0.42

DSCR

$2,796

Rent

-$1,618

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$567k

Downpayment

20.0%

Interest Rate

5.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$113k

Closing costs

1%

$5,670

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,796

Total Expenses

$4,414

Mortgage P&I

93%

$2,606

Property Taxes

6%

$170

Home Insurance

7%

$198

HOA

4%

$98

Property Management

15%

$419

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$699

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