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This property might be a fair Long-Term investment with a projected 0.83% first-year return on $53,550 initial cash invested.
0.83%
Cash On Cash
6.72%
Cap Rate
1.11
DSCR
$2,000
Rent
$37
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,550
Downpayment
20%
$51,000
Closing costs
1%
$2,550
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,000
Total Expenses
$1,963
Mortgage P&I
65%
$1,290
Property Taxes
3%
$64
Home Insurance
4%
$89
PManagement
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
620 Burcale Rd, Myrtle Beach, SC 29579 | $1,800 | 3 | 2 | 1174 | 0.4 mi |
106 Fountain Pointe Ln, Unit 102, Myrtle Beach, SC 29579 | $1,550 | 3 | 2 | 1200 | 0.5 mi |
346 Barton Loop, Myrtle Beach, SC 29579 | $1,875 | 3 | 2 | 1208 | 0.9 mi |
720 Bucklin Loop, Myrtle Beach, SC 29579 | $2,250 | 3 | 2 | 1237 | 0.6 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality