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11561 Wellman Dr, Riverview, FL 33578

3 beds • 2 baths • 1817 sqft

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This property might be a fair Mid-Term investment with a projected 2.73% first-year return on $94,650 initial cash invested.

2.73%

Cash On Cash

6.97%

Cap Rate

1.2

DSCR

$3,500

Rent

$215

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,500

Total Expenses

$3,285

Mortgage P&I

50%

$1,766

Property Taxes

5%

$182

Home Insurance

4%

$128

HOA

1%

$19

Property Management

12%

$420

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$385

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