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Project Rental Revenue For Any Address

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Long-Term Rental Analysis
6644 Cinnamon Fern Ln., Myrtle Beach, SC 29588
$267,500 • 2 beds • 2 baths • 1325 sqft

This property looks like a bad Long-Term investment with a projected -5.79% first-year return on $56,175 initial cash invested.

Cash On Cash
-5.79%
Cap Rate
5.33%
Rent
$1,830
Cashflow
-$271
Rent Confidence:  High
Annual
$21,960
Median
$1,845
Avg
$1,832
Samples
25
Financing
Purchase Price  $268k
Downpayment  20.0%
Interest Rate  6.6%
Mortgage Duration  30yr.
Cash To Invest
Total  $56,175
Downpayment  20% $53,500
Closing costs  1% $2,675
Rehab  0% $0
Furnishing  0% $0
Cashflow
Total Income  $1,830
Total Expenses  $2,101
Mortgage P&I  75% $1,368
Property Taxes  4% $67
Home Insurance  5% $94
HOA  5% $95
PManagement  10% $183
CapEx  5% $92
Vacancy  6% $110
Maintenance  5% $92
Other  0% $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
16626 Heron Pt, Myrtle Beach, SC 29588$14952214000.3 mi
2765 Riverward Dr, Myrtle Beach, SC 29588$19752212001.3 mi
3172 Ella Kinley Cir, Myrtle Beach, SC 29588$18002214003.7 mi
46659 E Sweetbriar Trl, Myrtle Beach, SC 29588$1450229470.3 mi
56645 E Sweetbriar Trl, Myrtle Beach, SC 29588$14002115000.2 mi
62265 Huntingdon Dr, Apt I, Myrtle Beach, SC 29575$15002211003.8 mi
72000 Cross Gate Blvd, Unit 205, Surfside Beach, SC 29575$14002210004 mi
8207 Sebring Ln, Myrtle Beach, SC 29588$18003212000.1 mi
9113 Osprey Cove Loop, Myrtle Beach, SC 29588$18453212391.1 mi
104240 Jones Rd, Myrtle Beach, SC 29588$16952112004.1 mi
11294 Caspian Tern Dr, Myrtle Beach, SC 29588$19503212441.5 mi
127971 Spruce Ln, Murrells Inlet, SC 29576$19703213002.8 mi
13177 Hampton Park Cir, Myrtle Beach, SC 29588$24003213483 mi
143021 Sabal Ct, Murrells Inlet, SC 29576$19503212642.6 mi
15170 Woodland Park Loop, Murrells Inlet, SC 29576$21003214002.5 mi
16264 Hampton Park Cir, Myrtle Beach, SC 29588$19003213902.8 mi
17157 Ella Kinley Cir, Unit 101, Myrtle Beach, SC 29588$18003213103.6 mi
181100 Tap Root Ct, Murrells Inlet, SC 29576$18503214502.7 mi
199030 Baywood Cir, Myrtle Beach, SC 29588$14003216001.4 mi
201240 Merion Ct, Murrells Inlet, SC 29576$18003213753.6 mi
218031 Resin Rd, Murrells Inlet, SC 29576$20503212012.7 mi
22149 Southborough Ln, Myrtle Beach, SC 29588$20953215002.4 mi
23120 Spanish Oak Ct, Apt D, Surfside Beach, SC 29575$15753213004 mi
24525 Black Pearl Way, Myrtle Beach, SC 29588$23003214752.7 mi
25367 Black Pearl Way, Myrtle Beach, SC 29588$23003214753 mi

Projections