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212 MAJESTIC GARDENS LANE, Winter Haven, FL 33880
3 beds • 2 baths • 1348 sqft
$289,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -10.74% first-year return on $60,690 initial cash invested.
-10.74%
Cash On Cash
4.48%
Cap Rate
0.71
DSCR
$1,908
Rent
-$543
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,908 income − $2,451 expenses = $543 out of pocket
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,690
Downpayment
20%
$57,800
Closing costs
1%
$2,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,908
Total Expenses
$2,451
Mortgage P&I
80%
$1,527
Property Taxes
16%
$299
Home Insurance
5%
$101
HOA
2%
$29
Property Management
10%
$191
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0