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8280 Sandlapper Way Lot 13, Myrtle Beach, SC 29572
3 beds • 3 baths • 1882 sqft
$743,600
View on ZillowThis property looks like a bad Long-Term investment with a projected -19.84% first-year return on $156k initial cash invested.
-19.84%
Cash On Cash
1.84%
Cap Rate
0.32
DSCR
$2,552
Rent
-$2,582
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$744k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$156k
Downpayment
20%
$149k
Closing costs
1%
$7,436
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,552
Total Expenses
$5,134
Mortgage P&I
141%
$3,596
Property Taxes
9%
$232
Home Insurance
11%
$271
HOA
15%
$371
Property Management
10%
$255
CapEx
5%
$128
Vacancy
6%
$153
Maintenance
5%
$128
Other
0%
$0