Property Analysis for 22 S Observatory Dr, Orlando, FL 32835

Long-Term Rental Analysis

22 S Observatory Dr, Orlando, FL 32835

$100,000 • 1 beds • 1 baths • 815 sqft

This property might be a fair Long-Term investment with a projected 8.8% first-year return on $21,000 initial cash invested.

Cash On Cash

8.8%

Cap Rate

9.4%

Rent

$1,339

Cashflow

$154

Rent Confidence: High

Annual

$16,068

Median

$1,300

Avg

$1,321

Samples

Financing

Purchase Price $100,000

Downpayment 20.0%

Interest Rate 7.5%

Mortgage Duration 30yr.

Cash To Invest

Total $21,000

Downpayment 20% $20,000

Closing costs 1% $1,000

Rehab 0% $0

Furnishing 0% $0

Cashflow

Total Income $1,339

Total Expenses $1,185

Mortgage P&I 42% $562

Property Taxes 18% $240

Home Insurance 3% $35

PManagement 10% $134

CapEx 5% $67

Vacancy 6% $80

Maintenance 5% $67

Other 0% $0

Google Maps with the subject property comparables is loading...

#	Comparable Property	Rent	Beds	Baths	SQFT	Distance
1	6028 Westgate Dr, Apt 103	$1500	1	1	750	1 mi
2	6100 Westgate Dr, # 1	$1200	1	1	722	0.9 mi
3	6059 Westgate Dr, Apt 423	$1200	1	1	713	0.8 mi
4	6059 Westgate Dr, Apt 412	$1188	1	1	713	0.8 mi
5	6094 Westgate Dr, Apt 104	$1500	1	1	722	0.9 mi
6	1017 S Hiawassee Rd, Apt 3716	$1125	1	1	742	1.4 mi
7	6112 Westgate Dr, Apt 103	$1300	1	1	722	1 mi
8	6029 Westgate Dr, Apt 734	$1250	1	1	713	0.8 mi
9	6071 Westgate Dr, Apt 313	$1400	1	1	713	0.8 mi
10	6071 Westgate Dr, Apt 323	$1300	1	1	713	0.8 mi
11	6112 Westgate Dr, Apt 101	$1350	1	1	722	1 mi
12	6059 Westgate Dr, Apt 431	$1375	1	1	713	0.8 mi
13	6025 Westgate Dr, Apt 2526	$1195	1	1	713	0.9 mi
14	6025 Westgate Dr, Apt 2524	$1300	1	1	713	0.9 mi
15	6160 Westgate Dr, Apt 104	$1425	1	1	722	1.1 mi
16	6184 Westgate Dr, Apt 104	$1495	1	1	722	1 mi
17	6025 Westgate Dr, Apt 2536	$1400	1	1	713	0.9 mi
18	6160 Westgate Dr, Apt 202	$1295	1	1	722	1.1 mi
19	6178 Westgate Dr, Apt 104	$1295	1	1	722	1.1 mi
20	6178 Westgate Dr, Apt 103	$1295	1	1	722	1.1 mi
21	5959 Westgate Dr, Apt 1524	$1300	1	1	713	0.9 mi
22	5959 Westgate Dr, Apt 1534	$1299	1	1	713	0.9 mi
23	5959 Westgate Dr, Apt 1513	$1350	1	1	713	0.9 mi
24	6136 Westgate Dr, Apt 204	$1400	1	1	722	1.1 mi
25	5959 Westgate Dr, Apt 1515	$1300	1	1	713	0.9 mi

Projections