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$2,209 (target)

1211 Morningside Dr, Mount Dora, FL 32757

3 beds • 3 baths • 1691 sqft

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This property looks like a bad Long-Term investment with a projected -15.15% first-year return on $91,329 initial cash invested.

-15.15%

Cash On Cash

3.05%

Cap Rate

0.51

DSCR

$2,209

Rent

-$1,153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,209 income − $3,362 expenses = $1,153 out of pocket

Income$2,209Out of Pocket$1,153Mortgage P&I$2,15097%Property Taxes$48622%Insurance$1527%Management$22110%CapEx$1105%Vacancy$1336%Maintenance$1105%

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,329

Downpayment

20%

$86,980

Closing costs

1%

$4,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,209

Total Expenses

$3,362

Mortgage P&I

97%

$2,150

Property Taxes

22%

$486

Home Insurance

7%

$152

HOA

0%

$0

Property Management

10%

$221

CapEx

5%

$110

Vacancy

6%

$133

Maintenance

5%

$110

Other

0%

$0

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