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$3,795 (target)

19724 SW 243rd Terrace, Homestead, FL 33031

3 beds • 2 baths • 1872 sqft

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This property looks like a bad Long-Term investment with a projected -15.47% first-year return on $191k initial cash invested.

-15.47%

Cash On Cash

2.91%

Cap Rate

0.49

DSCR

$3,795

Rent

-$2,458

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,795 income − $6,253 expenses = $2,458 out of pocket

Income$3,795Out of Pocket$2,458Mortgage P&I$4,471118%Property Taxes$46312%Insurance$3319%Management$38010%CapEx$1905%Vacancy$2286%Maintenance$1905%

Investment Breakdown

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Purchase Price

$908k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$191k

Downpayment

20%

$182k

Closing costs

1%

$9,082

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,795

Total Expenses

$6,253

Mortgage P&I

118%

$4,471

Property Taxes

12%

$463

Home Insurance

9%

$331

HOA

0%

$0

Property Management

10%

$380

CapEx

5%

$190

Vacancy

6%

$228

Maintenance

5%

$190

Other

0%

$0

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