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$3,850 (target)

7971 Leeward Ln., Murrells Inlet, SC 29576

3 beds • 2 baths • 1343 sqft

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This property might be a fair Mid-Term investment with a projected 5.77% first-year return on $90,702 initial cash invested.

5.77%

Cash On Cash

8.28%

Cap Rate

1.33

DSCR

$3,850

Rent

$436

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,850 income − $3,414 expenses = $436 cash flow

Income$3,850Mortgage P&I$1,79947%Property Taxes$592%Insurance$1263%HOA$1203%Management$46212%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42411%Cash Flow$436

Investment Breakdown

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Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,702

Downpayment

20%

$69,240

Closing costs

1%

$3,462

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,850

Total Expenses

$3,414

Mortgage P&I

47%

$1,799

Property Taxes

2%

$59

Home Insurance

3%

$126

HOA

3%

$120

Property Management

12%

$462

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$424

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