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$3,768 (target)

2156 MESIC HAMMOCK WAY, Venice, FL 34292

3 beds • 2 baths • 1942 sqft

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This property looks like a bad Mid-Term investment with a projected -4.57% first-year return on $101k initial cash invested.

-4.57%

Cash On Cash

5.47%

Cap Rate

0.89

DSCR

$3,768

Rent

-$385

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,768 income − $4,153 expenses = $385 out of pocket

Income$3,768Out of Pocket$385Mortgage P&I$2,03854%Property Taxes$47012%Insurance$1394%HOA$2256%Management$45212%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41411%

Investment Breakdown

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Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,180

Closing costs

1%

$3,959

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,768

Total Expenses

$4,153

Mortgage P&I

54%

$2,038

Property Taxes

12%

$470

Home Insurance

4%

$139

HOA

6%

$225

Property Management

12%

$452

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$414

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