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$3,655 (target)

218 Driftwood Ln, Largo, FL 33770

3 beds • 2 baths • 1550 sqft

$1,550,000

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This property looks like a bad Long-Term investment with a projected -26.93% first-year return on $326k initial cash invested.

-26.93%

Cash On Cash

0.67%

Cap Rate

0.11

DSCR

$3,655

Rent

-$7,305

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,655 income − $10,960 expenses = $7,305 out of pocket

Income$3,655Out of Pocket$7,305Mortgage P&I$7,981218%Property Taxes$1,45140%Insurance$54215%HOA$351%Management$36610%CapEx$1835%Vacancy$2196%Maintenance$1835%

Investment Breakdown

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Purchase Price

$1550k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$326k

Downpayment

20%

$310k

Closing costs

1%

$15,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,655

Total Expenses

$10,960

Mortgage P&I

218%

$7,981

Property Taxes

40%

$1,451

Home Insurance

15%

$542

HOA

1%

$35

Property Management

10%

$366

CapEx

5%

$183

Vacancy

6%

$219

Maintenance

5%

$183

Other

0%

$0

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