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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 -10.72% first-year return on $52,500 initial cash invested.

-10.72%

Cash On Cash

4.55%

Cap Rate

0.71

DSCR

$1,720

Rent

-$469

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$1,720

Total Expenses

$2,189

Mortgage P&I

77%

$1,331

Property Taxes

14%

$245

Home Insurance

5%

$88

HOA

5%

$78

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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