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16363 COCONUT PALM DRIVE, Port Charlotte, FL 33953
3 beds • 2 baths • 1470 sqft
$263,800
View on ZillowThis property looks like a bad Long-Term investment with a projected -12.07% first-year return on $55,398 initial cash invested.
-12.07%
Cash On Cash
4.37%
Cap Rate
0.68
DSCR
$2,204
Rent
-$557
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,204 income − $2,761 expenses = $557 out of pocket
Investment Breakdown
|
Purchase Price
$264k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,398
Downpayment
20%
$52,760
Closing costs
1%
$2,638
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,204
Total Expenses
$2,761
Mortgage P&I
64%
$1,407
Property Taxes
23%
$506
Home Insurance
4%
$96
HOA
8%
$180
Property Management
10%
$220
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0