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This property looks like a bad Long-Term investment with a projected -4.65% first-year return on $45,129 initial cash invested.
-4.65%
Cash On Cash
5.85%
Cap Rate
$1,590
Rent
-$175
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,129
Downpayment
20%
$42,980
Closing costs
1%
$2,149
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,590
Total Expenses
$1,765
Mortgage P&I
72%
$1,143
Property Taxes
2%
$38
Home Insurance
5%
$75
HOA
6%
$95
PManagement
10%
$159
CapEx
5%
$80
Vacancy
6%
$95
Maintenance
5%
$80
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
6148 Salem Rd, Myrtle Beach, SC 29588 | $1,050 | 2 | 1 | 750 | 1.9 mi |
6635 Cinnamon Fern Ln, Myrtle Beach, SC 29588 | $1,695 | 2 | 1.5 | 0.2 mi | |
6645 E Sweetbriar Trl, Myrtle Beach, SC 29588 | $1,400 | 2 | 1 | 1500 | 0.2 mi |
386 Bumble Cir, Murrells Inlt, SC 29576 | $1,000 | 2 | 1 | 3.3 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