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$6,388 (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 Mid-Term investment with a projected -13.17% first-year return on $263k initial cash invested.

-13.17%

Cash On Cash

3.37%

Cap Rate

0.55

DSCR

$6,388

Rent

-$2,882

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,388 income − $9,270 expenses = $2,882 out of pocket

Income$6,388Out of Pocket$2,882Mortgage P&I$5,89592%Property Taxes$76512%Insurance$4367%Management$76712%CapEx$2564%Vacancy$1923%Maintenance$2564%Other$70311%

Investment Breakdown

|

Purchase Price

$1165k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$263k

Downpayment

20%

$233k

Closing costs

1%

$11,647

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,388

Total Expenses

$9,270

Mortgage P&I

92%

$5,895

Property Taxes

12%

$765

Home Insurance

7%

$436

HOA

0%

$0

Property Management

12%

$767

CapEx

4%

$256

Vacancy

3%

$192

Maintenance

4%

$256

Other

11%

$703

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