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1017 W 28th Pl, Panama City, FL 32405

3 beds • 2 baths • 1392 sqft

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This property might be a fair Mid-Term investment with a projected 4.8% first-year return on $70,290 initial cash invested.

4.8%

Cash On Cash

7.95%

Cap Rate

1.31

DSCR

$2,628

Rent

$281

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,290

Downpayment

20%

$49,800

Closing costs

1%

$2,490

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,628

Total Expenses

$2,347

Mortgage P&I

48%

$1,263

Property Taxes

4%

$104

Home Insurance

3%

$87

HOA

0%

$0

Property Management

12%

$315

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$289

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