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$4,090 (target)

2376 MILLWOOD LANE, Clearwater, FL 33763

3 beds • 2 baths • 1585 sqft

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This property looks like a bad Mid-Term investment with a projected -5.59% first-year return on $114k initial cash invested.

-5.59%

Cash On Cash

5.12%

Cap Rate

0.84

DSCR

$4,090

Rent

-$533

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,090 income − $4,623 expenses = $533 out of pocket

Income$4,090Out of Pocket$533Mortgage P&I$2,33057%Property Taxes$73418%Insurance$1674%Management$49112%CapEx$1644%Vacancy$1233%Maintenance$1644%Other$45011%

Investment Breakdown

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Purchase Price

$459k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,840

Closing costs

1%

$4,592

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,090

Total Expenses

$4,623

Mortgage P&I

57%

$2,330

Property Taxes

18%

$734

Home Insurance

4%

$167

HOA

0%

$0

Property Management

12%

$491

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$450

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