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This property looks like a bad Long-Term investment with a projected -4.72% first-year return on $57,750 initial cash invested.
-4.72%
Cash On Cash
5.22%
Cap Rate
0.9
DSCR
$1,900
Rent
-$227
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,900
Total Expenses
$2,127
Mortgage P&I
70%
$1,328
Property Taxes
11%
$209
Home Insurance
5%
$96
PManagement
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
191 River Reach Dr, Myrtle Beach, SC 29588 | $1,800 | 3 | 2 | 1350 | 1.3 mi |
113 Osprey Cove Loop, Myrtle Beach, SC 29588 | $1,810 | 3 | 2 | 1239 | 0.4 mi |
444 Plover Ln, Myrtle Beach, SC 29588 | $1,995 | 3 | 2 | 1425 | 0.6 mi |
111 Portsmith Dr, Unit 7, Myrtle Beach, SC 29588 | $1,450 | 3 | 2 | 1300 | 1.3 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality