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$3,466 (target)

1608 SADDLEWOOD CIRCLE, Port Charlotte, FL 33953

3 beds • 3 baths • 1858 sqft

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This property looks like a bad Mid-Term investment with a projected -1.87% first-year return on $87,363 initial cash invested.

-1.87%

Cash On Cash

6.23%

Cap Rate

1

DSCR

$3,466

Rent

-$136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,466 income − $3,602 expenses = $136 out of pocket

Income$3,466Out of Pocket$136Mortgage P&I$1,71349%Property Taxes$3269%Insurance$1193%HOA$2658%Management$41612%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38111%

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,363

Downpayment

20%

$66,060

Closing costs

1%

$3,303

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,466

Total Expenses

$3,602

Mortgage P&I

49%

$1,713

Property Taxes

9%

$326

Home Insurance

3%

$119

HOA

8%

$265

Property Management

12%

$416

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$381

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