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$2,160 (target)

14390 MADDOCK AVENUE, Pt Charlotte, FL 33953

3 beds • 2 baths • 1545 sqft

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This property looks like a bad Long-Term investment with a projected -10.22% first-year return on $68,565 initial cash invested.

-10.22%

Cash On Cash

4.44%

Cap Rate

0.72

DSCR

$2,160

Rent

-$584

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,160 income − $2,744 expenses = $584 out of pocket

Income$2,160Out of Pocket$584Mortgage P&I$1,68578%Property Taxes$38018%Insurance$1175%Management$21610%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,565

Downpayment

20%

$65,300

Closing costs

1%

$3,265

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,160

Total Expenses

$2,744

Mortgage P&I

78%

$1,685

Property Taxes

18%

$380

Home Insurance

5%

$117

HOA

0%

$0

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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