REI Lense

REI Lense

Unlock all features! Tap here to upgrade

872 Brenda Pl., Myrtle Beach, SC 29577

3 beds • 2 baths • 1237 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.88% first-year return on $89,169 initial cash invested.

-9.88%

Cash On Cash

3.68%

Cap Rate

0.62

DSCR

$2,258

Rent

-$734

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,258 income − $2,992 expenses = $734 out of pocket

Income$2,258Out of Pocket$734Mortgage P&I$1,68274%Property Taxes$1055%Insurance$1225%Management$33915%CapEx$904%Maintenance$904%Other$56425%

Investment Breakdown

|

Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,169

Downpayment

20%

$67,780

Closing costs

1%

$3,389

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,258

Total Expenses

$2,992

Mortgage P&I

74%

$1,682

Property Taxes

5%

$105

Home Insurance

5%

$122

HOA

0%

$0

Property Management

15%

$339

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$564

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis