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$2,571 (target)

2203 Pontiac Dr, Tallahassee, FL 32301

3 beds • 2 baths • 1239 sqft

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This property could be a profitable Mid-Term investment with a projected 10.82% first-year return on $54,099 initial cash invested.

10.82%

Cash On Cash

10.81%

Cap Rate

1.62

DSCR

$2,571

Rent

$488

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,571 income − $2,083 expenses = $488 cash flow

Income$2,571Mortgage P&I$95837%Property Taxes$1948%Insurance$562%Management$30912%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28311%Cash Flow$488

Investment Breakdown

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Purchase Price

$172k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,099

Downpayment

20%

$34,380

Closing costs

1%

$1,719

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,571

Total Expenses

$2,083

Mortgage P&I

37%

$958

Property Taxes

8%

$194

Home Insurance

2%

$56

HOA

0%

$0

Property Management

12%

$309

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$283

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