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16229 CASTLE PARK TERRACE, Lakewood Ranch, FL 34202
3 beds • 4 baths • 2733 sqft
$956,100
View on ZillowThis property looks like a bad Mid-Term investment with a projected -9.23% first-year return on $219k initial cash invested.
-9.23%
Cash On Cash
4.83%
Cap Rate
0.74
DSCR
$8,082
Rent
-$1,682
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,082 income − $9,764 expenses = $1,682 out of pocket
Investment Breakdown
|
Purchase Price
$956k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$219k
Downpayment
20%
$191k
Closing costs
1%
$9,561
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$8,082
Total Expenses
$9,764
Mortgage P&I
64%
$5,211
Property Taxes
11%
$907
Home Insurance
4%
$350
HOA
7%
$549
Property Management
12%
$970
CapEx
4%
$323
Vacancy
3%
$242
Maintenance
4%
$323
Other
11%
$889