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5801 Ledro Ln., Myrtle Beach, SC 29577

3 beds • 2 baths • 2040 sqft

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This property looks like a bad Airbnb investment with a projected -19.38% first-year return on $148k initial cash invested.

-19.38%

Cash On Cash

1.62%

Cap Rate

0.27

DSCR

$2,837

Rent

-$2,395

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,837 income − $5,232 expenses = $2,395 out of pocket

Income$2,837Out of Pocket$2,395Mortgage P&I$3,120110%Property Taxes$1224%Insurance$2288%HOA$40114%Management$42615%CapEx$1134%Maintenance$1134%Other$70925%

Investment Breakdown

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Purchase Price

$621k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,205

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,837

Total Expenses

$5,232

Mortgage P&I

110%

$3,120

Property Taxes

4%

$122

Home Insurance

8%

$228

HOA

14%

$401

Property Management

15%

$426

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$709

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