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17031 SE 115TH TERRACE ROAD, Summerfield, FL 34491
3 beds • 2 baths • 1925 sqft
$350,500
View on ZillowThis property looks like a bad Long-Term investment with a projected -13.42% first-year return on $73,605 initial cash invested.
-13.42%
Cash On Cash
3.92%
Cap Rate
0.62
DSCR
$2,110
Rent
-$823
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,110 income − $2,933 expenses = $823 out of pocket
Investment Breakdown
|
Purchase Price
$351k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,605
Downpayment
20%
$70,100
Closing costs
1%
$3,505
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,110
Total Expenses
$2,933
Mortgage P&I
88%
$1,863
Property Taxes
12%
$243
Home Insurance
6%
$124
HOA
7%
$153
Property Management
10%
$211
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0