REI Lense

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$2,123 (target)

6638 E Sweetbriar Trail, Myrtle Beach, SC 29588

3 beds • 2 baths • 1830 sqft

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This property looks like a bad Long-Term investment with a projected -1.99% first-year return on $60,249 initial cash invested.

-1.99%

Cash On Cash

5.98%

Cap Rate

1

DSCR

$2,123

Rent

-$100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,123 income − $2,223 expenses = $100 out of pocket

Income$2,123Out of Pocket$100Mortgage P&I$1,42467%Property Taxes$472%Insurance$1065%HOA$954%Management$21210%CapEx$1065%Vacancy$1276%Maintenance$1065%

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,249

Downpayment

20%

$57,380

Closing costs

1%

$2,869

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,123

Total Expenses

$2,223

Mortgage P&I

67%

$1,424

Property Taxes

2%

$47

Home Insurance

5%

$106

HOA

4%

$95

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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