218 HARTRIDGE HILLS DRIVE, Winter Haven, FL 33881
3 beds • 2 baths • 2123 sqft
$369,000
View on ZillowThis property looks like a bad Mid-Term investment with a projected -5.14% first-year return on $95,490 initial cash invested.
-5.14%
Cash On Cash
5.5%
Cap Rate
0.86
DSCR
$3,459
Rent
-$409
Cashflow
Cash Flow
$3,459 income − $3,868 expenses = $409 out of pocket
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,490
Downpayment
20%
$73,800
Closing costs
1%
$3,690
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,459
Total Expenses
$3,868
Mortgage P&I
57%
$1,962
Property Taxes
13%
$452
Home Insurance
4%
$129
HOA
4%
$150
Property Management
12%
$415
CapEx
4%
$138
Vacancy
3%
$104
Maintenance
4%
$138
Other
11%
$380