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This property looks like a bad Long-Term investment with a projected -2.82% first-year return on $56,679 initial cash invested.
-2.82%
Cash On Cash
6.22%
Cap Rate
$1,940
Rent
-$133
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,940
Total Expenses
$2,073
Mortgage P&I
74%
$1,436
Property Taxes
2%
$39
Home Insurance
5%
$94
PManagement
10%
$194
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
5 Settlers Ct, Myrtle Beach, SC 29577 | $1,850 | 2 | 2 | 1227 | 0.9 mi |
3547 Lady Bank Loop, Myrtle Beach, SC 29577 | $1,950 | 2 | 2.5 | 1293 | 0.5 mi |
4855 Carnation Bldg 16 Cir, Unit 305, Myrtle Beach, SC 29577 | $1,500 | 2 | 2 | 1.2 mi | |
1302 River Oaks Dr, Unit 4G, Myrtle Beach, SC 29579 | $1,400 | 2 | 2 | 1.6 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