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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 -17.91% first-year return on $148k initial cash invested.

-17.91%

Cash On Cash

2%

Cap Rate

0.33

DSCR

$3,188

Rent

-$2,214

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,188 income − $5,402 expenses = $2,214 out of pocket

Income$3,188Out of Pocket$2,214Mortgage P&I$3,12098%Property Taxes$1224%Insurance$2287%HOA$40113%Management$47815%CapEx$1284%Maintenance$1284%Other$79725%

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

$3,188

Total Expenses

$5,402

Mortgage P&I

98%

$3,120

Property Taxes

4%

$122

Home Insurance

7%

$228

HOA

13%

$401

Property Management

15%

$478

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$797

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