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This property looks like a bad Long-Term investment with a projected -2.83% first-year return on $43,239 initial cash invested.
-2.83%
Cash On Cash
5.93%
Cap Rate
0.98
DSCR
$1,550
Rent
-$102
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,239
Downpayment
20%
$41,180
Closing costs
1%
$2,059
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,550
Total Expenses
$1,652
Mortgage P&I
67%
$1,041
Property Taxes
3%
$40
Home Insurance
5%
$72
HOA
6%
$95
PManagement
10%
$155
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
505 Tree Top Ln, Unit 2, Myrtle Beach, SC 29588 | $1,495 | 2 | 2 | 900 | 0.5 mi |
6635 Cinnamon Fern Ln, Myrtle Beach, SC 29588 | $1,695 | 2 | 1.5 | 0.4 mi | |
505 Tree Top Ln, # B, Myrtle Beach, SC 29588 | $1,600 | 2 | 2 | 0.5 mi | |
505 Tree Top Ln, Unit B, Myrtle Beach, SC 29588 | $1,600 | 2 | 2 | 0.5 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