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This property looks like a bad Long-Term investment with a projected -8.9% first-year return on $52,290 initial cash invested.
-8.9%
Cash On Cash
4.73%
Cap Rate
$1,580
Rent
-$388
Cashflow
-8.72
Cach on Cash
4.92%
Cap Rate
$3.477
Rent
-%822
Cashflow
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,290
Downpayment
20%
$49,800
Closing costs
1%
$2,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,580
Total Expenses
$1,968
Mortgage P&I
82%
$1,291
Property Taxes
5%
$84
Home Insurance
6%
$87
HOA
6%
$95
PManagement
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0
Google Maps with the subject property comparables is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
6659 E Sweetbriar Trl, Myrtle Beach, SC 29588 | $1,450 | 2 | 2 | 947 | 0.2 mi |
765 Riverward Dr, Myrtle Beach, SC 29588 | $1,975 | 2 | 2 | 1200 | 1.4 mi |
2000 Cross Gate Blvd, Unit 205, Surfside Beach, SC 29575 | $1,400 | 2 | 2 | 1000 | 3.9 mi |
6626 Heron Pt, Myrtle Beach, SC 29588 | $1,495 | 2 | 2 | 1400 | 0.2 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
Property Appreciation, yr
3%
Rent Growth, yr
3%
Expense Increase, yr
3%
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality