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$3,696 (target)

619 Blackstone Dr., Myrtle Beach, SC 29588

3 beds • 2 baths • 2065 sqft

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This property could be a profitable Mid-Term investment with a projected 11.21% first-year return on $81,966 initial cash invested.

11.21%

Cash On Cash

9.48%

Cap Rate

1.61

DSCR

$3,696

Rent

$766

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,696 income − $2,930 expenses = $766 cash flow

Income$3,696Mortgage P&I$1,49240%Property Taxes$682%Insurance$1123%Management$44412%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40711%Cash Flow$766

Investment Breakdown

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Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,966

Downpayment

20%

$60,920

Closing costs

1%

$3,046

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,696

Total Expenses

$2,930

Mortgage P&I

40%

$1,492

Property Taxes

2%

$68

Home Insurance

3%

$112

HOA

0%

$0

Property Management

12%

$444

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$407

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