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1923 Banning Beach Rd, Tavares, FL 32778

3 beds • 2 baths • 2030 sqft

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This property looks like a bad Mid-Term investment with a projected -5.6% first-year return on $106k initial cash invested.

-5.6%

Cash On Cash

4.71%

Cap Rate

0.82

DSCR

$3,176

Rent

-$493

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$417k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,480

Closing costs

1%

$4,174

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,176

Total Expenses

$3,669

Mortgage P&I

63%

$2,006

Property Taxes

11%

$342

Home Insurance

5%

$149

HOA

3%

$93

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$349

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