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$3,249 (target)

2206 53rd Ave E, Bradenton, FL 34203

3 beds • 2 baths • 1232 sqft

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This property might be a fair Mid-Term investment with a projected 5.6% first-year return on $84,885 initial cash invested.

5.6%

Cash On Cash

7.96%

Cap Rate

1.33

DSCR

$3,249

Rent

$396

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,249 income − $2,853 expenses = $396 cash flow

Income$3,249Mortgage P&I$1,58749%Property Taxes$502%Insurance$1123%Management$39012%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35711%Cash Flow$396

Investment Breakdown

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Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,885

Downpayment

20%

$63,700

Closing costs

1%

$3,185

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,249

Total Expenses

$2,853

Mortgage P&I

49%

$1,587

Property Taxes

2%

$50

Home Insurance

3%

$112

HOA

0%

$0

Property Management

12%

$390

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$357

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