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6625 Scotsman Crescent, Myrtle Beach, SC 29588

2 beds • 2 baths • 1225 sqft

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This property looks like a bad Long-Term investment with a projected -7.32% first-year return on $49,350 initial cash invested.

-7.32%

Cash On Cash

5.29%

Cap Rate

0.83

DSCR

$1,710

Rent

-$301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,710

Total Expenses

$2,011

Mortgage P&I

73%

$1,251

Property Taxes

8%

$137

Home Insurance

5%

$82

HOA

6%

$95

PManagement

10%

$171

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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