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$2,880 (target)

12505 WEDGEFIELD DRIVE, Grand Island, FL 32735

3 beds • 2 baths • 1269 sqft

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This property looks like a bad Mid-Term investment with a projected -0.34% first-year return on $82,134 initial cash invested.

-0.34%

Cash On Cash

6.83%

Cap Rate

1.06

DSCR

$2,880

Rent

-$23

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,880 income − $2,903 expenses = $23 out of pocket

Income$2,880Out of Pocket$23Mortgage P&I$1,64657%Property Taxes$2007%Insurance$682%HOA$10Management$34612%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31711%

Investment Breakdown

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Purchase Price

$305k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,134

Downpayment

20%

$61,080

Closing costs

1%

$3,054

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,880

Total Expenses

$2,903

Mortgage P&I

57%

$1,646

Property Taxes

7%

$200

Home Insurance

2%

$68

HOA

0%

$10

Property Management

12%

$346

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$317

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