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$7,608 (target)

13374 Verandi St, Venice, FL 34293

3 beds • 3 baths • 2855 sqft

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This property looks like a bad Mid-Term investment with a projected -6.18% first-year return on $214k initial cash invested.

-6.18%

Cash On Cash

4.93%

Cap Rate

0.83

DSCR

$7,608

Rent

-$1,104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,608 income − $8,712 expenses = $1,104 out of pocket

Income$7,608Out of Pocket$1,104Mortgage P&I$4,63861%Property Taxes$76110%Insurance$3274%HOA$4005%Management$91312%CapEx$3044%Vacancy$2283%Maintenance$3044%Other$83711%

Investment Breakdown

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Purchase Price

$935k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$214k

Downpayment

20%

$187k

Closing costs

1%

$9,350

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,608

Total Expenses

$8,712

Mortgage P&I

61%

$4,638

Property Taxes

10%

$761

Home Insurance

4%

$327

HOA

5%

$400

Property Management

12%

$913

CapEx

4%

$304

Vacancy

3%

$228

Maintenance

4%

$304

Other

11%

$837

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