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$7,564 (target)

1621 Almeria CT, Marco Island, FL 34145

3 beds • 2 baths • 2292 sqft

$1,567,700

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This property looks like a bad Mid-Term investment with a projected -15.28% first-year return on $347k initial cash invested.

-15.28%

Cash On Cash

2.87%

Cap Rate

0.48

DSCR

$7,564

Rent

-$4,422

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,564 income − $11,986 expenses = $4,422 out of pocket

Income$7,564Out of Pocket$4,422Mortgage P&I$7,872104%Property Taxes$94813%Insurance$5938%Management$90812%CapEx$3034%Vacancy$2273%Maintenance$3034%Other$83211%

Investment Breakdown

|

Purchase Price

$1568k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$347k

Downpayment

20%

$314k

Closing costs

1%

$15,677

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,564

Total Expenses

$11,986

Mortgage P&I

104%

$7,872

Property Taxes

13%

$948

Home Insurance

8%

$593

HOA

0%

$0

Property Management

12%

$908

CapEx

4%

$303

Vacancy

3%

$227

Maintenance

4%

$303

Other

11%

$832

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