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$4,259 (target)

1963 Edgewater Dr, Clearwater, FL 33755

3 beds • 4 baths • 2367 sqft

$1,164,700

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This property looks like a bad Long-Term investment with a projected -19.36% first-year return on $245k initial cash invested.

-19.36%

Cash On Cash

2.23%

Cap Rate

0.37

DSCR

$4,259

Rent

-$3,945

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,259 income − $8,204 expenses = $3,945 out of pocket

Income$4,259Out of Pocket$3,945Mortgage P&I$5,895138%Property Taxes$76518%Insurance$43610%Management$42610%CapEx$2135%Vacancy$2566%Maintenance$2135%

Investment Breakdown

|

Purchase Price

$1165k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$245k

Downpayment

20%

$233k

Closing costs

1%

$11,647

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,259

Total Expenses

$8,204

Mortgage P&I

138%

$5,895

Property Taxes

18%

$765

Home Insurance

10%

$436

HOA

0%

$0

Property Management

10%

$426

CapEx

5%

$213

Vacancy

6%

$256

Maintenance

5%

$213

Other

0%

$0

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