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$3,086 (target)

23076 August Ave, Pt Charlotte, FL 33954

3 beds • 2 baths • 1927 sqft

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This property might be a fair Mid-Term investment with a projected 2.08% first-year return on $78,606 initial cash invested.

2.08%

Cash On Cash

7.09%

Cap Rate

1.18

DSCR

$3,086

Rent

$136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,086 income − $2,950 expenses = $136 cash flow

Income$3,086Mortgage P&I$1,44547%Property Taxes$35211%Insurance$1053%Management$37012%CapEx$1234%Vacancy$933%Maintenance$1234%Other$33911%Cash Flow$136

Investment Breakdown

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Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,606

Downpayment

20%

$57,720

Closing costs

1%

$2,886

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,086

Total Expenses

$2,950

Mortgage P&I

47%

$1,445

Property Taxes

11%

$352

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$370

CapEx

4%

$123

Vacancy

3%

$93

Maintenance

4%

$123

Other

11%

$339

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