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$4,382 (target)

16353 Redington Dr, Redington Beach, FL 33708

3 beds • 3 baths • 2098 sqft

$1,550,000

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This property looks like a bad Long-Term investment with a projected -20.81% first-year return on $326k initial cash invested.

-20.81%

Cash On Cash

1.83%

Cap Rate

0.3

DSCR

$4,382

Rent

-$5,644

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,382 income − $10,026 expenses = $5,644 out of pocket

Income$4,382Out of Pocket$5,644Mortgage P&I$7,792178%Property Taxes$55313%Insurance$54212%Management$43810%CapEx$2195%Vacancy$2636%Maintenance$2195%

Investment Breakdown

|

Purchase Price

$1550k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$326k

Downpayment

20%

$310k

Closing costs

1%

$15,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,382

Total Expenses

$10,026

Mortgage P&I

178%

$7,792

Property Taxes

13%

$553

Home Insurance

12%

$542

HOA

0%

$0

Property Management

10%

$438

CapEx

5%

$219

Vacancy

6%

$263

Maintenance

5%

$219

Other

0%

$0

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