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$5,025 (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 Long-Term investment with a projected -16.93% first-year return on $234k initial cash invested.

-16.93%

Cash On Cash

2.65%

Cap Rate

0.45

DSCR

$5,025

Rent

-$3,301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,025 income − $8,326 expenses = $3,301 out of pocket

Income$5,025Out of Pocket$3,301Mortgage P&I$5,510110%Property Taxes$1,09222%Insurance$4188%Management$50210%CapEx$2515%Vacancy$3026%Maintenance$2515%

Investment Breakdown

|

Purchase Price

$1114k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$234k

Downpayment

20%

$223k

Closing costs

1%

$11,142

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,025

Total Expenses

$8,326

Mortgage P&I

110%

$5,510

Property Taxes

22%

$1,092

Home Insurance

8%

$418

HOA

0%

$0

Property Management

10%

$502

CapEx

5%

$251

Vacancy

6%

$302

Maintenance

5%

$251

Other

0%

$0

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