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$3,760 (target)

1117 Walden Rd, Tallahassee, FL 32317

3 beds • 2 baths • 2055 sqft

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This property might be a fair Mid-Term investment with a projected 4.02% first-year return on $93,915 initial cash invested.

4.02%

Cash On Cash

7.62%

Cap Rate

1.25

DSCR

$3,760

Rent

$315

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,760 income − $3,445 expenses = $315 cash flow

Income$3,760Mortgage P&I$1,83249%Property Taxes$2055%Insurance$1303%Management$45112%CapEx$1504%Vacancy$1133%Maintenance$1504%Other$41411%Cash Flow$315

Investment Breakdown

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Purchase Price

$362k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,915

Downpayment

20%

$72,300

Closing costs

1%

$3,615

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,760

Total Expenses

$3,445

Mortgage P&I

49%

$1,832

Property Taxes

5%

$205

Home Insurance

3%

$130

HOA

0%

$0

Property Management

12%

$451

CapEx

4%

$150

Vacancy

3%

$113

Maintenance

4%

$150

Other

11%

$414

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