Unlock all features! Tap here to upgrade
615 North Creekside Dr., Murrells Inlet, SC 29576
3 beds • 3 baths • 2109 sqft
$707,500
View on ZillowThis property looks like a bad Mid-Term investment with a projected -13.46% first-year return on $167k initial cash invested.
-13.46%
Cash On Cash
3.59%
Cap Rate
0.55
DSCR
$3,580
Rent
-$1,868
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,580 income − $5,448 expenses = $1,868 out of pocket
Investment Breakdown
|
Purchase Price
$708k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$167k
Downpayment
20%
$142k
Closing costs
1%
$7,075
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,580
Total Expenses
$5,448
Mortgage P&I
107%
$3,842
Property Taxes
4%
$127
Home Insurance
7%
$262
HOA
0%
$0
Property Management
12%
$430
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$394