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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 -3.64% first-year return on $54,390 initial cash invested.

Cash On Cash
-3.64%
Cap Rate
6.08%
Rent
$1,950
Signal: Low
Cashflow
-$165
Financing

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

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

Total Income  $1,950
Total Expenses  $2,115
Mortgage P&I  $1,379
Property Taxes  $137
Home Insurance  $91
PManagement  $195
CapEx  $98
Vacancy  $117
Maintenance  $98
Other  $0
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