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$4,324 (target)

5986 Bolsena Place, Myrtle Beach, SC 29577

3 beds • 3 baths • 2411 sqft

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This property looks like a bad Long-Term investment with a projected -16.34% first-year return on $200k initial cash invested.

-16.34%

Cash On Cash

2.86%

Cap Rate

0.48

DSCR

$4,324

Rent

-$2,716

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,324 income − $7,040 expenses = $2,716 out of pocket

Income$4,324Out of Pocket$2,716Mortgage P&I$4,766110%Property Taxes$2997%Insurance$3498%HOA$50312%Management$43210%CapEx$2165%Vacancy$2596%Maintenance$2165%

Investment Breakdown

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Purchase Price

$950k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$200k

Downpayment

20%

$190k

Closing costs

1%

$9,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,324

Total Expenses

$7,040

Mortgage P&I

110%

$4,766

Property Taxes

7%

$299

Home Insurance

8%

$349

HOA

12%

$503

Property Management

10%

$432

CapEx

5%

$216

Vacancy

6%

$259

Maintenance

5%

$216

Other

0%

$0

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