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$1,590 (target)

120 Trout Ave, Inverness, FL 34450

3 beds • 2 baths • 1739 sqft

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This property looks like a bad Long-Term investment with a projected -8.75% first-year return on $50,463 initial cash invested.

-8.75%

Cash On Cash

4.86%

Cap Rate

0.77

DSCR

$1,590

Rent

-$368

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,590 income − $1,958 expenses = $368 out of pocket

Income$1,590Out of Pocket$368Mortgage P&I$1,26179%Property Taxes$19712%Insurance$865%Management$15910%CapEx$805%Vacancy$956%Maintenance$805%

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,463

Downpayment

20%

$48,060

Closing costs

1%

$2,403

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,590

Total Expenses

$1,958

Mortgage P&I

79%

$1,261

Property Taxes

12%

$197

Home Insurance

5%

$86

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$80

Vacancy

6%

$95

Maintenance

5%

$80

Other

0%

$0

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