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$3,034 (target)

6095 Friendship Ln., Myrtle Beach, SC 29588

3 beds • 2 baths • 1472 sqft

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This property could be a profitable Mid-Term investment with a projected 11.84% first-year return on $68,127 initial cash invested.

11.84%

Cash On Cash

10.01%

Cap Rate

1.66

DSCR

$3,034

Rent

$672

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,034 income − $2,362 expenses = $672 cash flow

Income$3,034Mortgage P&I$1,19940%Property Taxes$1Insurance$1314%Management$36412%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33411%Cash Flow$672

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,127

Downpayment

20%

$47,740

Closing costs

1%

$2,387

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,034

Total Expenses

$2,362

Mortgage P&I

40%

$1,199

Property Taxes

0%

$1

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$364

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$334

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