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$6,486 (target)

5986 Bolsena Place, Myrtle Beach, SC 29577

3 beds • 3 baths • 2411 sqft

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This property looks like a bad Mid-Term investment with a projected -9.02% first-year return on $218k initial cash invested.

-9.02%

Cash On Cash

4.28%

Cap Rate

0.71

DSCR

$6,486

Rent

-$1,635

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,486 income − $8,121 expenses = $1,635 out of pocket

Income$6,486Out of Pocket$1,635Mortgage P&I$4,76673%Property Taxes$2995%Insurance$3495%HOA$5038%Management$77812%CapEx$2594%Vacancy$1953%Maintenance$2594%Other$71311%

Investment Breakdown

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Purchase Price

$950k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$218k

Downpayment

20%

$190k

Closing costs

1%

$9,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,486

Total Expenses

$8,121

Mortgage P&I

73%

$4,766

Property Taxes

5%

$299

Home Insurance

5%

$349

HOA

8%

$503

Property Management

12%

$778

CapEx

4%

$259

Vacancy

3%

$195

Maintenance

4%

$259

Other

11%

$713

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