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$6,712 (target)

1311 Riverbend Dr, Labelle, FL 33935

3 beds • 3 baths • 2693 sqft

$1,199,000

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This property looks like a bad Mid-Term investment with a projected -15.96% first-year return on $270k initial cash invested.

-15.96%

Cash On Cash

2.75%

Cap Rate

0.45

DSCR

$6,712

Rent

-$3,589

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,712 income − $10,301 expenses = $3,589 out of pocket

Income$6,712Out of Pocket$3,589Mortgage P&I$6,07190%Property Taxes$1,20018%Insurance$4206%HOA$3305%Management$80512%CapEx$2684%Vacancy$2013%Maintenance$2684%Other$73811%

Investment Breakdown

|

Purchase Price

$1199k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$270k

Downpayment

20%

$240k

Closing costs

1%

$11,990

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,712

Total Expenses

$10,301

Mortgage P&I

90%

$6,071

Property Taxes

18%

$1,200

Home Insurance

6%

$420

HOA

5%

$330

Property Management

12%

$805

CapEx

4%

$268

Vacancy

3%

$201

Maintenance

4%

$268

Other

11%

$738

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