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$3,585 (target)

1860 ALBERTA DRIVE, Clearwater, FL 33756

3 beds • 2 baths • 1402 sqft

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This property looks like a bad Mid-Term investment with a projected -5.15% first-year return on $106k initial cash invested.

-5.15%

Cash On Cash

5.45%

Cap Rate

0.86

DSCR

$3,585

Rent

-$457

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,585 income − $4,042 expenses = $457 out of pocket

Income$3,585Out of Pocket$457Mortgage P&I$2,22762%Property Taxes$44012%Insurance$1574%Management$43012%CapEx$1434%Vacancy$1083%Maintenance$1434%Other$39411%

Investment Breakdown

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Purchase Price

$421k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$84,240

Closing costs

1%

$4,212

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,585

Total Expenses

$4,042

Mortgage P&I

62%

$2,227

Property Taxes

12%

$440

Home Insurance

4%

$157

HOA

0%

$0

Property Management

12%

$430

CapEx

4%

$143

Vacancy

3%

$108

Maintenance

4%

$143

Other

11%

$394

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