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Project Rental Revenue For Any Address

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Long-Term Rental Analysis
6512 Laguna Point, Myrtle Beach, SC 29588
$279,000 • 3 beds • 2 baths • 1410 sqft

This property looks like a bad Long-Term investment with a projected -4.16% first-year return on $58,590 initial cash invested.

Cash On Cash
-4.16%
Cap Rate
5.69%
Rent
$2,010
Cashflow
-$203
Rent Confidence:  High
Annual
$24,120
Median
$1,995
Avg
$2,009
Samples
25
Financing
Purchase Price  $279k
Downpayment  20.0%
Interest Rate  6.6%
Mortgage Duration  30yr.
Cash To Invest
Total  $58,590
Downpayment  20% $55,800
Closing costs  1% $2,790
Rehab  0% $0
Furnishing  0% $0
Cashflow
Total Income  $2,010
Total Expenses  $2,213
Mortgage P&I  71% $1,427
Property Taxes  3% $70
Home Insurance  5% $98
HOA  5% $96
PManagement  10% $201
CapEx  5% $100
Vacancy  6% $121
Maintenance  5% $100
Other  0% $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
1170 Woodland Park Loop, Murrells Inlet, SC 29576$21003214002 mi
2113 Osprey Cove Loop, Myrtle Beach, SC 29588$18453212390.8 mi
31100 Tap Root Ct, Murrells Inlet, SC 29576$18503214502.2 mi
49030 Baywood Cir, Myrtle Beach, SC 29588$14003216000.9 mi
5149 Southborough Ln, Myrtle Beach, SC 29588$20953215001.9 mi
6207 Sebring Ln, Myrtle Beach, SC 29588$18003212000.6 mi
7264 Hampton Park Cir, Myrtle Beach, SC 29588$19003213902.8 mi
8525 Black Pearl Way, Myrtle Beach, SC 29588$23003214752.4 mi
9294 Caspian Tern Dr, Myrtle Beach, SC 29588$19503212441.3 mi
10367 Black Pearl Way, Myrtle Beach, SC 29588$23003214752.7 mi
115822 Longwood Dr, Unit 202, Murrells Inlet, SC 29576$18953214303.2 mi
121240 Merion Ct, Murrells Inlet, SC 29576$18003213753 mi
13177 Hampton Park Cir, Myrtle Beach, SC 29588$24003213482.9 mi
147971 Spruce Ln, Murrells Inlet, SC 29576$19703213002.3 mi
153021 Sabal Ct, Murrells Inlet, SC 29576$19503212642.1 mi
16353 Cattle Drive Cir, Myrtle Beach, SC 29588$26003217500.8 mi
17725 Bonita Loop, Myrtle Beach, SC 29588$23953218440.6 mi
18157 Ella Kinley Cir, Unit 101, Myrtle Beach, SC 29588$18003213103.2 mi
1911 Pierce Pl, Unit Caropines, Surfside Beach, SC 29575$20503214623.8 mi
20213 Berkshire Dr, Myrtle Beach, SC 29588$19953215313.2 mi
217281 Guinevere Cir, Myrtle Beach, SC 29588$20503218250.9 mi
228031 Resin Rd, Murrells Inlet, SC 29576$20503212012.3 mi
234058 Pearl Tabby Dr, Myrtle Beach, SC 29588$21003216182.6 mi
24120 Spanish Oak Ct, Apt D, Surfside Beach, SC 29575$15753213003.5 mi
25409 Cassian Way, Myrtle Beach, SC 29588$20503217871.4 mi

Projections