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1140 DR ML KING JR STREET N, Safety Harbor, FL 34695
3 beds • 2 baths • 1108 sqft
$403,800
View on ZillowThis property looks like a bad Long-Term investment with a projected -13.84% first-year return on $84,798 initial cash invested.
-13.84%
Cash On Cash
3.55%
Cap Rate
0.58
DSCR
$2,316
Rent
-$978
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,316 income − $3,294 expenses = $978 out of pocket
Investment Breakdown
|
Purchase Price
$404k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,798
Downpayment
20%
$80,760
Closing costs
1%
$4,038
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,316
Total Expenses
$3,294
Mortgage P&I
89%
$2,055
Property Taxes
21%
$489
Home Insurance
6%
$147
HOA
0%
$0
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0