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This property looks like a bad Long-Term investment with a projected -1.04% first-year return on $56,679 initial cash invested.
-1.04%
Cash On Cash
6.02%
Cap Rate
1.04
DSCR
$1,990
Rent
-$49
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,990
Total Expenses
$2,039
Mortgage P&I
66%
$1,304
Property Taxes
2%
$48
Home Insurance
5%
$94
HOA
4%
$75
PManagement
10%
$199
CapEx
5%
$100
Vacancy
6%
$119
Maintenance
5%
$100
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
1109 Peace Pipe Pl, Unit 201, Myrtle Beach, SC 29579 | $1,745 | 3 | 2 | 1263 | 1.1 mi |
620 Burcale Rd, Myrtle Beach, SC 29579 | $1,800 | 3 | 2 | 1174 | 0.3 mi |
120 Fountain Pointe Ln, Unit 204, Myrtle Beach, SC 29579 | $1,300 | 3 | 2 | 1328 | 0.4 mi |
117 Quail Hollow Rd, Myrtle Beach, SC 29579 | $2,000 | 3 | 2 | 1288 | 0.9 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