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625 Tall Oaks Ln., Myrtle Beach, SC 29588

2 beds • 2 baths • 910 sqft

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This property looks like a bad Long-Term investment with a projected -11.48% first-year return on $51,429 initial cash invested.

-11.48%

Cash On Cash

4.34%

Cap Rate

$1,500

Rent

-$492

Cashflow

-8.72

Cach on Cash

4.92%

Cap Rate

$3.477

Rent

-%822

Cashflow

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Investment Breakdown

Financing

Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,429

Downpayment

20%

$48,980

Closing costs

1%

$2,449

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,500

Total Expenses

$1,992

Mortgage P&I

87%

$1,303

Property Taxes

4%

$63

Home Insurance

6%

$86

HOA

10%

$150

PManagement

10%

$150

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

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