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Long-Term Rental Analysis
8587 Cedar Trace Dr., Myrtle Beach, SC 29588
$270,0004 beds • 2 baths • 2024 sqft

This property might be a fair Long-Term investment with a projected 1.38% first-year return on $56,700 initial cash invested.

Cash On Cash
1.38%
Cap Rate
7.17%
Rent
$2,250
Signal: Med.
Cashflow
$65
Financing

Purchase Price  $270k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $56,700
Downpayment  $54,000
Closing costs  $2,700
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $2,250
Total Expenses  $2,185
Mortgage P&I  $1,437
Property Taxes  $70
Home Insurance  $94
PManagement  $225
CapEx  $112
Vacancy  $135
Maintenance  $112
Other  $0
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