11517 CRESTLAKE VILLAGE DRIVE, Riverview, FL 33569
3 beds • 2 baths • 1425 sqft
$296,800
View on ZillowThis property looks like a bad Long-Term investment with a projected -8.91% first-year return on $62,328 initial cash invested.
-8.91%
Cash On Cash
4.92%
Cap Rate
0.77
DSCR
$2,029
Rent
-$463
Cashflow
Cash Flow
$2,029 income − $2,492 expenses = $463 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,328
Downpayment
20%
$59,360
Closing costs
1%
$2,968
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,029
Total Expenses
$2,492
Mortgage P&I
78%
$1,579
Property Taxes
13%
$263
Home Insurance
5%
$105
HOA
1%
$18
Property Management
10%
$203
CapEx
5%
$101
Vacancy
6%
$122
Maintenance
5%
$101
Other
0%
$0