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$8,562 (target)

1154 Kings Way Dr, Nokomis, FL 34275

3 beds • 3 baths • 2947 sqft

$1,325,000

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This property looks like a bad Mid-Term investment with a projected -9.75% first-year return on $296k initial cash invested.

-9.75%

Cash On Cash

4.11%

Cap Rate

0.69

DSCR

$8,562

Rent

-$2,407

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,562 income − $10,969 expenses = $2,407 out of pocket

Income$8,562Out of Pocket$2,407Mortgage P&I$6,59877%Property Taxes$88310%Insurance$4645%HOA$1141%Management$1,02712%CapEx$3424%Vacancy$2573%Maintenance$3424%Other$94211%

Investment Breakdown

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Purchase Price

$1325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$296k

Downpayment

20%

$265k

Closing costs

1%

$13,250

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$8,562

Total Expenses

$10,969

Mortgage P&I

77%

$6,598

Property Taxes

10%

$883

Home Insurance

5%

$464

HOA

1%

$114

Property Management

12%

$1,027

CapEx

4%

$342

Vacancy

3%

$257

Maintenance

4%

$342

Other

11%

$942

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