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Long-Term Rental Analysis
711 Gleneagles Dr., Myrtle Beach, SC 29588
$229,0002 beds • 2 baths • 1175 sqft

This property looks like a bad Long-Term investment with a projected -12.93% first-year return on $48,090 initial cash invested.

Cash On Cash
-12.93%
Cap Rate
4.07%
Rent
$1,500
Signal: Med.
Cashflow
-$518
Financing

Purchase Price  $229k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $48,090
Downpayment  $45,800
Closing costs  $2,290
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,500
Total Expenses  $2,018
Mortgage P&I  $1,219
Property Taxes  $231
Home Insurance  $80
HOA  $98
PManagement  $150
CapEx  $75
Vacancy  $90
Maintenance  $75
Other  $0
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116626 Mallard View Pt$14002111101 mi
126654 Cinnamon Fern Ln$9002215701.4 mi
132274 Huntingdon Dr, Apt L$15002212005.2 mi
14765 Riverward Dr$22002210003.4 mi
158650 S Southbridge Dr S$16502211005.3 mi
162265 Huntingdon Dr, Apt I$17252211005.4 mi
178725 Chandler Dr, Apt A$13002211005.7 mi
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196635 Cinnamon Fern Ln$149521.51.3 mi
208649 Southbridge Dr, Unit G$16002210505.3 mi
218925 Duckview Dr, Apt B$15002210215.7 mi
22125 Ella Kinley Cir, Unit 302$16502213575.8 mi
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246840 Blue Heron Blvd, Unit 105$1375211.2 mi
256725 Blue Heron Blvd$1250218430.9 mi