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8292 Sandlapper Way, Myrtle Beach, SC 29572

3 beds • 3 baths • 1965 sqft

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This property looks like a bad Long-Term investment with a projected -24.44% first-year return on $167k initial cash invested.

-24.44%

Cash On Cash

0.85%

Cap Rate

0.15

DSCR

$2,445

Rent

-$3,407

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$797k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$167k

Downpayment

20%

$159k

Closing costs

1%

$7,967

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,445

Total Expenses

$5,852

Mortgage P&I

158%

$3,852

Property Taxes

29%

$703

Home Insurance

12%

$292

HOA

15%

$370

Property Management

10%

$244

CapEx

5%

$122

Vacancy

6%

$147

Maintenance

5%

$122

Other

0%

$0

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