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$2,960 (target)

12342 SE 60TH AVENUE, Belleview, FL 34420

3 beds • 2 baths • 1657 sqft

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This property might be a fair Mid-Term investment with a projected 5.2% first-year return on $71,970 initial cash invested.

5.2%

Cash On Cash

8.51%

Cap Rate

1.31

DSCR

$2,960

Rent

$312

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,960 income − $2,648 expenses = $312 cash flow

Income$2,960Mortgage P&I$1,39247%Property Taxes$1625%Insurance$883%Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32611%Cash Flow$312

Investment Breakdown

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Purchase Price

$257k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,970

Downpayment

20%

$51,400

Closing costs

1%

$2,570

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,960

Total Expenses

$2,648

Mortgage P&I

47%

$1,392

Property Taxes

5%

$162

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$326

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