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Long-Term Rental Analysis
6625 Scotsman Crescent, Myrtle Beach, SC 29588
$235,0002 beds • 2 baths • 1225 sqft

This property looks like a bad Long-Term investment with a projected -10.19% first-year return on $49,350 initial cash invested.

Cash On Cash
-10.19%
Cap Rate
4.65%
Rent
$1,550
Signal: Med.
Cashflow
-$419
Financing

Purchase Price  $235k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $49,350
Downpayment  $47,000
Closing costs  $2,350
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,550
Total Expenses  $1,969
Mortgage P&I  $1,251
Property Taxes  $137
Home Insurance  $82
HOA  $95
PManagement  $155
CapEx  $78
Vacancy  $93
Maintenance  $78
Other  $0
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46626 Heron Pt$14952214000.2 mi
56639 Wisteria Dr$16502210500.1 mi
66530 Laguna Pt$16002210870.6 mi
76534 Laguna Pt$13502213930.6 mi
86654 Cinnamon Fern Ln$9002215700.4 mi
9510 Fairwood Lakes Dr, Unit 16P$1350229000.4 mi
106626 Mallard View Pt$14002111100.1 mi
11765 Riverward Dr$22002210002.5 mi
121132 White Tree Ln$1500228961.1 mi
13502 Tree Top Ln$1400228510.8 mi
146635 Cinnamon Fern Ln$149521.50.3 mi
152274 Huntingdon Dr, Apt L$15002212005.6 mi
16186 Ella Kinley Cir, Unit 402$17502213005.8 mi
17165 Ella Kinley Cir, Unit 305$15502213105.7 mi
18207 Sebring Ln$18003212000.5 mi
19172 River Reach Dr$19453212440.6 mi
20125 Ella Kinley Cir, Unit 302$16502213575.6 mi
218650 S Southbridge Dr S$16502211005.6 mi
222265 Huntingdon Dr, Apt I$17252211005.7 mi
236840 Blue Heron Blvd, Unit 105$1375210.3 mi
248725 Chandler Dr, Apt A$13002211006 mi
25172 Ella Kinley Cir$18002214005.7 mi