100 OLD SPANISH BLUFF Road, East Palatka, FL 32131
3 beds • 2 baths • 1334 sqft
$306,400
View on ZillowThis property looks like a bad Long-Term investment with a projected -7.76% first-year return on $64,344 initial cash invested.
-7.76%
Cash On Cash
5.42%
Cap Rate
0.82
DSCR
$2,153
Rent
-$416
Cashflow
Cash Flow
$2,153 income − $2,569 expenses = $416 out of pocket
Investment Breakdown
|
Purchase Price
$306k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,344
Downpayment
20%
$61,280
Closing costs
1%
$3,064
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,153
Total Expenses
$2,569
Mortgage P&I
79%
$1,693
Property Taxes
10%
$206
Home Insurance
5%
$110
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0