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This property looks like a bad Long-Term investment with a projected -4.36% first-year return on $51,429 initial cash invested.
-4.36%
Cash On Cash
5.68%
Cap Rate
0.92
DSCR
$1,790
Rent
-$187
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,429
Downpayment
20%
$48,980
Closing costs
1%
$2,449
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,790
Total Expenses
$1,977
Mortgage P&I
70%
$1,256
Property Taxes
5%
$90
Home Insurance
5%
$86
HOA
4%
$79
PManagement
10%
$179
CapEx
5%
$90
Vacancy
6%
$107
Maintenance
5%
$90
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
869 Silvercrest Dr, Myrtle Beach, SC 29579 | $1,750 | 3 | 2 | 1218 | 0.1 mi |
4659 E Walkerton Rd, Myrtle Beach, SC 29579 | $2,000 | 3 | 2 | 1256 | 0.6 mi |
211 Bittersweet Ln, Myrtle Beach, SC 29579 | $1,675 | 3 | 2 | 1284 | 0.3 mi |
155 W Haven Dr, Unit 14H, Myrtle Beach, SC 29579 | $1,800 | 3 | 2 | 1260 | 0.7 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality