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Project Rental Revenue For Any Address

Long-Term Rental Analysis
629 James St., Myrtle Beach, SC 29577
$259,0003 beds • 2 baths • 1191 sqft

This property looks like a bad Long-Term investment with a projected -3.02% first-year return on $54,390 initial cash invested.

Cash On Cash
-3.02%
Cap Rate
6.21%
Rent
$1,985
Cashflow
-$137
Rent Confidence:  High
Annual
$23,820
Median
$1,950
Avg
$1,984
Samples
25
Financing

Purchase Price  $259k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $54,390
Downpayment  20% $51,800
Closing costs  1% $2,590
Rehab  0% $0
Furnishing  0% $0
Cashflow

Total Income  $1,985
Total Expenses  $2,122
Mortgage P&I  69% $1,379
Property Taxes  7% $137
Home Insurance  5% $91
PManagement  10% $198
CapEx  5% $99
Vacancy  6% $119
Maintenance  5% $99
Other  0% $0
Google Maps with the subject property comparables is loading...
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51644 Sturat Square Cir$20003211000.4 mi
61601 Stuart Square Cir$20003211000.4 mi
7624 Bonaventure Dr$19503212001.7 mi
81315 Melanie Ln$22003212421.4 mi
934 Foxcroft Ln$21003212002.3 mi
101406 Tranquility Ln$22003213001.2 mi
112000 Greens Blvd, Apt 36B$17503211902.7 mi
122000 Greens Blvd, Apt 22C$18003211902.8 mi
131779 Low Country Pl, Unit 57$20003214000.5 mi
141749 Sea Pines Blvd$25993214000.9 mi
151053 Pinwheel Loop$170032.513090.9 mi
161000 Pembroke Ct$195032.513001.1 mi
17998 Pinnacle Ln, Unit Main$210032.513191.1 mi
181782 Low Country Pl, Apt F$200032.514000.5 mi
191826 Low Country Pl, Apt B$1595320.6 mi
201631 Low Country Blvd, Unit A$175032.514500.3 mi
211676 Citadel Ln$21753214702.5 mi
22625 11th Ave S$24003216001.8 mi
231742 Low Country Blvd, Unit A$175032.50.4 mi
24519 Broadway St$185011881.9 mi
25519 Broadway St Broadway St, Unit 519$190011881.9 mi

Projections