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$2,979 (target)

1215 Babby Ln, Panama City, FL 32404

3 beds • 2 baths • 2201 sqft

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This property might be a fair Mid-Term investment with a projected 2.46% first-year return on $78,690 initial cash invested.

2.46%

Cash On Cash

7.79%

Cap Rate

1.18

DSCR

$2,979

Rent

$161

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,979 income − $2,818 expenses = $161 cash flow

Income$2,979Mortgage P&I$1,59754%Property Taxes$1084%Insurance$1013%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%Cash Flow$161

Investment Breakdown

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Purchase Price

$289k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,690

Downpayment

20%

$57,800

Closing costs

1%

$2,890

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,979

Total Expenses

$2,818

Mortgage P&I

54%

$1,597

Property Taxes

4%

$108

Home Insurance

3%

$101

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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