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221/223 SE 9TH STREET, Gainesville, FL 32601

beds • 0 baths • 1680 sqft • 2 units

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This property might be a fair Mid-Term investment with a projected 8.35% first-year return on $68,251 initial cash invested.

8.35%

Cash On Cash

8.41%

Cap Rate

1.38

DSCR

$3,810

Rent

$475

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,810 income − $3,335 expenses = $475 cash flow

Income$3,810Mortgage P&I$1,65243%Property Taxes$2757%Insurance$1143%Management$45712%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41911%Cash Flow$475

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,251

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$1

Cashflow

Total Income

$3,810

Total Expenses

$3,335

Mortgage P&I

43%

$1,652

Property Taxes

7%

$275

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$457

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$419

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