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$3,026 (target)

1520 SCARLETT AVENUE, North Port, FL 34289

3 beds • 2 baths • 1647 sqft

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This property looks like a bad Mid-Term investment with a projected -4.5% first-year return on $81,105 initial cash invested.

-4.5%

Cash On Cash

5.49%

Cap Rate

0.88

DSCR

$3,026

Rent

-$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,026 income − $3,330 expenses = $304 out of pocket

Income$3,026Out of Pocket$304Mortgage P&I$1,55851%Property Taxes$54018%Insurance$1104%HOA$933%Management$36312%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33311%

Investment Breakdown

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Purchase Price

$301k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,105

Downpayment

20%

$60,100

Closing costs

1%

$3,005

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,026

Total Expenses

$3,330

Mortgage P&I

51%

$1,558

Property Taxes

18%

$540

Home Insurance

4%

$110

HOA

3%

$93

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

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