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$6,306 (target)

15691 MEACHAM CIRCLE, Port Charlotte, FL 33981

3 beds • 2 baths • 2302 sqft

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This property looks like a bad Mid-Term investment with a projected -6.75% first-year return on $189k initial cash invested.

-6.75%

Cash On Cash

5.14%

Cap Rate

0.81

DSCR

$6,306

Rent

-$1,064

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,306 income − $7,370 expenses = $1,064 out of pocket

Income$6,306Out of Pocket$1,064Mortgage P&I$4,30268%Property Taxes$62710%Insurance$2975%Management$75712%CapEx$2524%Vacancy$1893%Maintenance$2524%Other$69411%

Investment Breakdown

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Purchase Price

$815k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$189k

Downpayment

20%

$163k

Closing costs

1%

$8,146

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,306

Total Expenses

$7,370

Mortgage P&I

68%

$4,302

Property Taxes

10%

$627

Home Insurance

5%

$297

HOA

0%

$0

Property Management

12%

$757

CapEx

4%

$252

Vacancy

3%

$189

Maintenance

4%

$252

Other

11%

$694

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