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$2,457 (target)

16581 SE 77th Northridge Ct, The Villages, FL 32162

3 beds • 2 baths • 1850 sqft

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This property looks like a bad Long-Term investment with a projected -6.53% first-year return on $76,209 initial cash invested.

-6.53%

Cash On Cash

4.95%

Cap Rate

0.84

DSCR

$2,457

Rent

-$415

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,457 income − $2,872 expenses = $415 out of pocket

Income$2,457Out of Pocket$415Mortgage P&I$1,79073%Property Taxes$1135%Insurance$1687%HOA$1627%Management$24610%CapEx$1235%Vacancy$1476%Maintenance$1235%

Investment Breakdown

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Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,209

Downpayment

20%

$72,580

Closing costs

1%

$3,629

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,457

Total Expenses

$2,872

Mortgage P&I

73%

$1,790

Property Taxes

5%

$113

Home Insurance

7%

$168

HOA

7%

$162

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$147

Maintenance

5%

$123

Other

0%

$0

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