REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,608 (target)

9421 Venezia Circle, Myrtle Beach, SC 29579

3 beds • 4 baths • 3851 sqft

$1,331,700

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -21.3% first-year return on $280k initial cash invested.

-21.3%

Cash On Cash

1.79%

Cap Rate

0.29

DSCR

$3,608

Rent

-$4,965

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,608 income − $8,573 expenses = $4,965 out of pocket

Income$3,608Out of Pocket$4,965Mortgage P&I$6,770188%Property Taxes$40011%Insurance$46613%Management$36110%CapEx$1805%Vacancy$2166%Maintenance$1805%

Investment Breakdown

|

Purchase Price

$1332k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$280k

Downpayment

20%

$266k

Closing costs

1%

$13,317

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,608

Total Expenses

$8,573

Mortgage P&I

188%

$6,770

Property Taxes

11%

$400

Home Insurance

13%

$466

HOA

0%

$0

Property Management

10%

$361

CapEx

5%

$180

Vacancy

6%

$216

Maintenance

5%

$180

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis