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This property looks like a bad Long-Term investment with a projected -0.57% first-year return on $48,300 initial cash invested.
-0.57%
Cash On Cash
6.68%
Cap Rate
1.06
DSCR
$1,900
Rent
-$23
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,300
Downpayment
20%
$46,000
Closing costs
1%
$2,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,900
Total Expenses
$1,923
Mortgage P&I
64%
$1,209
Property Taxes
2%
$45
Home Insurance
4%
$80
HOA
5%
$95
PManagement
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
207 Sebring Ln, Myrtle Beach, SC 29588 | $1,800 | 3 | 2 | 1200 | 0.3 mi |
113 Osprey Cove Loop, Myrtle Beach, SC 29588 | $1,810 | 3 | 2 | 1239 | 0.9 mi |
191 River Reach Dr, Myrtle Beach, SC 29588 | $1,895 | 3 | 2 | 1350 | 0.3 mi |
7201 Guinevere Cir, Myrtle Beach, SC 29588 | $1,800 | 3 | 2 | 1400 | 0.5 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
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality