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818 Silvercrest Dr., Myrtle Beach, SC 29579

2 beds • 2 baths • 940 sqft

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This property looks like a bad Long-Term investment with a projected -13.23% first-year return on $52,500 initial cash invested.

-13.23%

Cash On Cash

3.98%

Cap Rate

$1,570

Rent

-$579

Cashflow

-8.72

Cach on Cash

4.92%

Cap Rate

$3.477

Rent

-%822

Cashflow

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Investment Breakdown

Financing

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,570

Total Expenses

$2,149

Mortgage P&I

85%

$1,331

Property Taxes

16%

$245

Home Insurance

6%

$88

HOA

5%

$78

PManagement

10%

$157

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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