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$2,605 (target)

7983 Swansong Circle, Myrtle Beach, SC 29579

3 beds • 2 baths • 2211 sqft

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This property looks like a bad Long-Term investment with a projected -5.14% first-year return on $77,532 initial cash invested.

-5.14%

Cash On Cash

5.61%

Cap Rate

0.9

DSCR

$2,605

Rent

-$332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,605 income − $2,937 expenses = $332 out of pocket

Income$2,605Out of Pocket$332Mortgage P&I$1,92974%Property Taxes$944%Insurance$1335%HOA$1054%Management$26010%CapEx$1305%Vacancy$1566%Maintenance$1305%

Investment Breakdown

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Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,532

Downpayment

20%

$73,840

Closing costs

1%

$3,692

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,605

Total Expenses

$2,937

Mortgage P&I

74%

$1,929

Property Taxes

4%

$94

Home Insurance

5%

$133

HOA

4%

$105

Property Management

10%

$260

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

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