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$3,908 (target)

7983 Swansong Circle, Myrtle Beach, SC 29579

3 beds • 2 baths • 2211 sqft

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This property might be a fair Mid-Term investment with a projected 4.01% first-year return on $95,532 initial cash invested.

4.01%

Cash On Cash

7.81%

Cap Rate

1.25

DSCR

$3,908

Rent

$319

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,908 income − $3,589 expenses = $319 cash flow

Income$3,908Mortgage P&I$1,92949%Property Taxes$942%Insurance$1333%HOA$1053%Management$46912%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$43011%Cash Flow$319

Investment Breakdown

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Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,532

Downpayment

20%

$73,840

Closing costs

1%

$3,692

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,908

Total Expenses

$3,589

Mortgage P&I

49%

$1,929

Property Taxes

2%

$94

Home Insurance

3%

$133

HOA

3%

$105

Property Management

12%

$469

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$430

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