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1320 Grinnell St, Key West, FL 33040

3 beds • 4 baths • 2833 sqft

$4,044,600

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This property looks like a bad Mid-Term investment with a projected -23.33% first-year return on $867k initial cash invested.

-23.33%

Cash On Cash

1.06%

Cap Rate

0.18

DSCR

$10,467

Rent

-$16,863

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$4045k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$867k

Downpayment

20%

$809k

Closing costs

1%

$40,446

Rehab

0%

$0

Furnishing

0%

$18,000

Cashflow

Total Income

$10,467

Total Expenses

$27,330

Mortgage P&I

191%

$20,011

Property Taxes

22%

$2,257

Home Insurance

14%

$1,503

HOA

0%

$0

Property Management

12%

$1,256

CapEx

4%

$419

Vacancy

3%

$314

Maintenance

4%

$419

Other

11%

$1,151

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