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$2,676 (target)

230 Flamingo Dr, Sanford, FL 32773

3 beds • 2 baths • 1026 sqft

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This property might be a fair Mid-Term investment with a projected 4.06% first-year return on $71,571 initial cash invested.

4.06%

Cash On Cash

7.62%

Cap Rate

1.27

DSCR

$2,676

Rent

$242

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,676 income − $2,434 expenses = $242 cash flow

Income$2,676Mortgage P&I$1,27147%Property Taxes$1636%Insurance$913%Management$32112%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29411%Cash Flow$242

Investment Breakdown

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Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,571

Downpayment

20%

$51,020

Closing costs

1%

$2,551

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,676

Total Expenses

$2,434

Mortgage P&I

48%

$1,271

Property Taxes

6%

$163

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$321

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$294

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