Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -10.82% first-year return on $54,579 initial cash invested.
-10.82%
Cash On Cash
4.2%
Cap Rate
0.69
DSCR
$1,730
Rent
-$492
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,730
Total Expenses
$2,222
Mortgage P&I
76%
$1,316
Property Taxes
14%
$243
Home Insurance
5%
$91
HOA
7%
$123
PManagement
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
9490 Leeds Cir, Myrtle Beach, SC 29588 | $1,900 | 2 | 2 | 1100 | 1.2 mi |
6432 Sweet Gum Trl, Myrtle Beach, SC 29588 | $1,800 | 2 | 2 | 1300 | 0.7 mi |
6661 Wisteria Dr, Myrtle Beach, SC 29588 | $1,695 | 2 | 2 | 1300 | 0.8 mi |
6851 King Arthur Dr, Myrtle Beach, SC 29588 | $1,750 | 2 | 2 | 1300 | 0.8 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