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$4,683 (target)

2224 42nd St W, Bradenton, FL 34205

3 beds • 2 baths • 1743 sqft

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This property might be a fair Mid-Term investment with a projected 4.11% first-year return on $118k initial cash invested.

4.11%

Cash On Cash

7.47%

Cap Rate

1.25

DSCR

$4,683

Rent

$403

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,683 income − $4,280 expenses = $403 cash flow

Income$4,683Mortgage P&I$2,36751%Property Taxes$1563%Insurance$1664%Management$56212%CapEx$1874%Vacancy$1403%Maintenance$1874%Other$51511%Cash Flow$403

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,683

Total Expenses

$4,280

Mortgage P&I

51%

$2,367

Property Taxes

3%

$156

Home Insurance

4%

$166

HOA

0%

$0

Property Management

12%

$562

CapEx

4%

$187

Vacancy

3%

$140

Maintenance

4%

$187

Other

11%

$515

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