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$5,708 (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 Long-Term investment with a projected -16.53% first-year return on $278k initial cash invested.

-16.53%

Cash On Cash

2.76%

Cap Rate

0.46

DSCR

$5,708

Rent

-$3,834

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,708 income − $9,542 expenses = $3,834 out of pocket

Income$5,708Out of Pocket$3,834Mortgage P&I$6,598116%Property Taxes$88315%Insurance$4648%HOA$1142%Management$57110%CapEx$2855%Vacancy$3426%Maintenance$2855%

Investment Breakdown

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Purchase Price

$1325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$278k

Downpayment

20%

$265k

Closing costs

1%

$13,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,708

Total Expenses

$9,542

Mortgage P&I

116%

$6,598

Property Taxes

15%

$883

Home Insurance

8%

$464

HOA

2%

$114

Property Management

10%

$571

CapEx

5%

$285

Vacancy

6%

$342

Maintenance

5%

$285

Other

0%

$0

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