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$6,499 (target)

12557 Mallet Circle, Wellington, FL 33414

3 beds • 2 baths • 1822 sqft

$1,077,100

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This property looks like a bad Long-Term investment with a projected -17.82% first-year return on $226k initial cash invested.

-17.82%

Cash On Cash

2.65%

Cap Rate

0.44

DSCR

$6,499

Rent

-$3,359

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,499 income − $9,858 expenses = $3,359 out of pocket

Income$6,499Out of Pocket$3,359Mortgage P&I$5,41083%Property Taxes$1,25819%Insurance$5258%HOA$97515%Management$65010%CapEx$3255%Vacancy$3906%Maintenance$3255%

Investment Breakdown

|

Purchase Price

$1077k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$226k

Downpayment

20%

$215k

Closing costs

1%

$10,771

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,499

Total Expenses

$9,858

Mortgage P&I

83%

$5,410

Property Taxes

19%

$1,258

Home Insurance

8%

$525

HOA

15%

$975

Property Management

10%

$650

CapEx

5%

$325

Vacancy

6%

$390

Maintenance

5%

$325

Other

0%

$0

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