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This property looks like a bad Long-Term investment with a projected -3.37% first-year return on $56,679 initial cash invested.
-3.37%
Cash On Cash
6.05%
Cap Rate
$2,150
Rent
-$159
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,150
Total Expenses
$2,309
Mortgage P&I
66%
$1,411
Property Taxes
8%
$163
Home Insurance
4%
$94
HOA
4%
$81
PManagement
10%
$215
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|
3009 Regency Oaks Dr, Myrtle Beach, SC 29579 | $1,895 | 3 | 3 | 1310 | 0.3 mi |
396 Bellegrove Dr, Myrtle Beach, SC 29579 | $2,250 | 3 | 3 | 1422 | 0.2 mi |
429 Bellegrove Dr, Myrtle Beach, SC 29579 | $2,000 | 3 | 2.5 | 1422 | 0.2 mi |
284 Bellegrove Dr, Myrtle Beach, SC 29579 | $1,900 | 3 | 2 | 1400 | 0.3 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