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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 Long-Term investment with a projected -14.02% first-year return on $87,654 initial cash invested.

-14.02%

Cash On Cash

3.13%

Cap Rate

0.54

DSCR

$2,117

Rent

-$1,024

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

$87,654

Downpayment

20%

$83,480

Closing costs

1%

$4,174

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,117

Total Expenses

$3,141

Mortgage P&I

95%

$2,006

Property Taxes

16%

$342

Home Insurance

7%

$149

HOA

4%

$93

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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