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$7,538 (target)

2020 NE 26th Street, Lighthouse Pt, FL 33064

3 beds • 4 baths • 2160 sqft

$1,114,200

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This property looks like a bad Mid-Term investment with a projected -9.74% first-year return on $252k initial cash invested.

-9.74%

Cash On Cash

4.06%

Cap Rate

0.68

DSCR

$7,538

Rent

-$2,046

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,538 income − $9,584 expenses = $2,046 out of pocket

Income$7,538Out of Pocket$2,046Mortgage P&I$5,51073%Property Taxes$1,09214%Insurance$4186%Management$90512%CapEx$3024%Vacancy$2263%Maintenance$3024%Other$82911%

Investment Breakdown

|

Purchase Price

$1114k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$252k

Downpayment

20%

$223k

Closing costs

1%

$11,142

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,538

Total Expenses

$9,584

Mortgage P&I

73%

$5,510

Property Taxes

14%

$1,092

Home Insurance

6%

$418

HOA

0%

$0

Property Management

12%

$905

CapEx

4%

$302

Vacancy

3%

$226

Maintenance

4%

$302

Other

11%

$829

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