This property looks like a bad Long-Term investment with a projected -2.56% first-year return on $57,750 initial cash invested.
-2.56%
Cash On Cash
6.72%
Cap Rate
1
DSCR
$2,570
Rent
-$123
Cashflow
Cash Flow
$2,570 income − $2,693 expenses = $123 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,570
Total Expenses
$2,693
Mortgage P&I
60%
$1,535
Property Taxes
16%
$422
Home Insurance
3%
$69
HOA
0%
$0
Property Management
10%
$257
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
330 Nw 114th Ave, Unit 7-105, Sweetwater, FL 33172 | $2,250 | 3 | 2 | 1050 | 0 mi |
312 Nw 114th Ave, Unit 4-103, Sweetwater, FL 33172 | $2,900 | 3 | 2 | 1050 | 0 mi |
200 Nw 114th Ave, Unit 22-101, Sweetwater, FL 33172 | $2,650 | 3 | 2 | 1050 | 0 mi |
Projection Charts
Investment Value YoY