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$3,638 (target)

1424 KINGLET DRIVE, Punta Gorda, FL 33950

3 beds • 2 baths • 1745 sqft

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This property looks like a bad Mid-Term investment with a projected -7.15% first-year return on $117k initial cash invested.

-7.15%

Cash On Cash

4.98%

Cap Rate

0.78

DSCR

$3,638

Rent

-$698

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,638 income − $4,336 expenses = $698 out of pocket

Income$3,638Out of Pocket$698Mortgage P&I$2,50969%Property Taxes$41411%Insurance$1755%Management$43712%CapEx$1464%Vacancy$1093%Maintenance$1464%Other$40011%

Investment Breakdown

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Purchase Price

$472k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,380

Closing costs

1%

$4,719

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,638

Total Expenses

$4,336

Mortgage P&I

69%

$2,509

Property Taxes

11%

$414

Home Insurance

5%

$175

HOA

0%

$0

Property Management

12%

$437

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$400

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