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2116 W Watrous Ave, Tampa, FL 33606

4 beds • 3 baths • 2289 sqft

$1,675,000

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This property looks like a bad Long-Term investment with a projected -21.69% first-year return on $352k initial cash invested.

-21.69%

Cash On Cash

1.64%

Cap Rate

0.27

DSCR

$5,860

Rent

-$6,358

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1675k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$352k

Downpayment

20%

$335k

Closing costs

1%

$16,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,860

Total Expenses

$12,218

Mortgage P&I

143%

$8,353

Property Taxes

30%

$1,755

Home Insurance

10%

$586

HOA

0%

$0

Property Management

10%

$586

CapEx

5%

$293

Vacancy

6%

$352

Maintenance

5%

$293

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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0.3 mi

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1.3 mi

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2

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4

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2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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