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$3,516 (target)

1901 Catamaran Dr, Navarre, FL 32566

3 beds • 3 baths • 2914 sqft

$1,449,500

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This property looks like a bad Long-Term investment with a projected -21.96% first-year return on $304k initial cash invested.

-21.96%

Cash On Cash

1.52%

Cap Rate

0.25

DSCR

$3,516

Rent

-$5,571

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,516 income − $9,087 expenses = $5,571 out of pocket

Income$3,516Out of Pocket$5,571Mortgage P&I$7,234206%Property Taxes$39611%Insurance$54215%Management$35210%CapEx$1765%Vacancy$2116%Maintenance$1765%

Investment Breakdown

|

Purchase Price

$1450k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$304k

Downpayment

20%

$290k

Closing costs

1%

$14,495

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,516

Total Expenses

$9,087

Mortgage P&I

206%

$7,234

Property Taxes

11%

$396

Home Insurance

15%

$542

HOA

0%

$0

Property Management

10%

$352

CapEx

5%

$176

Vacancy

6%

$211

Maintenance

5%

$176

Other

0%

$0

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