REI Lense

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$3,381 (target)

1428 Parkwood St, Clearwater, FL 33755

3 beds • 2 baths • 936 sqft

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This property might be a fair Mid-Term investment with a projected 3.48% first-year return on $80,748 initial cash invested.

3.48%

Cash On Cash

7.39%

Cap Rate

1.25

DSCR

$3,381

Rent

$234

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,381 income − $3,147 expenses = $234 cash flow

Income$3,381Mortgage P&I$1,47244%Property Taxes$41212%Insurance$1143%Management$40612%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37211%Cash Flow$234

Investment Breakdown

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Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,748

Downpayment

20%

$59,760

Closing costs

1%

$2,988

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,381

Total Expenses

$3,147

Mortgage P&I

44%

$1,472

Property Taxes

12%

$412

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$406

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$372

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