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6638 E Sweetbriar Trail, Myrtle Beach, SC 29588

3 beds • 2 baths • 1830 sqft

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This property looks like a bad Airbnb investment with a projected -4.66% first-year return on $78,249 initial cash invested.

-4.66%

Cash On Cash

5.12%

Cap Rate

0.86

DSCR

$2,630

Rent

-$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,630 income − $2,934 expenses = $304 out of pocket

Income$2,630Out of Pocket$304Mortgage P&I$1,42454%Property Taxes$472%Insurance$1064%HOA$954%Management$39415%CapEx$1054%Maintenance$1054%Other$65825%

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,249

Downpayment

20%

$57,380

Closing costs

1%

$2,869

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,630

Total Expenses

$2,934

Mortgage P&I

54%

$1,424

Property Taxes

2%

$47

Home Insurance

4%

$106

HOA

4%

$95

Property Management

15%

$394

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$658

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