Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -10.17% first-year return on $80,829 initial cash invested.
-10.17%
Cash On Cash
4.02%
Cap Rate
0.69
DSCR
$2,100
Rent
-$685
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,829
Downpayment
20%
$76,980
Closing costs
1%
$3,849
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,100
Total Expenses
$2,785
Mortgage P&I
89%
$1,868
Property Taxes
6%
$118
Home Insurance
7%
$138
HOA
5%
$115
Property Management
10%
$210
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0
Loading map...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
699 Laconic Dr, Myrtle Beach, SC 29588 | $2,300 | 3 | 2 | 1764 | 0.9 mi |
323 Augustine Dr, Myrtle Beach, SC 29588 | $2,195 | 3 | 2 | 1786 | 0.7 mi |
176 Dorian Loop, Myrtle Beach, SC 29588 | $2,045 | 3 | 2 | 1708 | 0.7 mi |
179 Dorian Loop, Myrtle Beach, SC 29588 | $2,256 | 3 | 2 | 1708 | 0.7 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