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901 4th Ave. N, Myrtle Beach, SC 29577

2 beds • 1 baths • 868 sqft

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This property looks like a bad Long-Term investment with a projected -9.53% first-year return on $44,079 initial cash invested.

-9.53%

Cash On Cash

4.66%

Cap Rate

0.75

DSCR

$1,450

Rent

-$350

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,079

Downpayment

20%

$41,980

Closing costs

1%

$2,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,450

Total Expenses

$1,800

Mortgage P&I

75%

$1,093

Property Taxes

18%

$257

Home Insurance

5%

$74

HOA

0%

$0

Property Management

10%

$145

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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