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$4,700 (target)

2384 SW Strawberry Terrace, Palm City, FL 34990

3 beds • 2 baths • 1636 sqft

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This property looks like a bad Mid-Term investment with a projected -6.62% first-year return on $140k initial cash invested.

-6.62%

Cash On Cash

4.74%

Cap Rate

0.8

DSCR

$4,700

Rent

-$772

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,700 income − $5,472 expenses = $772 out of pocket

Income$4,700Out of Pocket$772Mortgage P&I$2,87461%Property Taxes$51611%Insurance$2195%HOA$2656%Management$56412%CapEx$1884%Vacancy$1413%Maintenance$1884%Other$51711%

Investment Breakdown

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Purchase Price

$580k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,803

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,700

Total Expenses

$5,472

Mortgage P&I

61%

$2,874

Property Taxes

11%

$516

Home Insurance

5%

$219

HOA

6%

$265

Property Management

12%

$564

CapEx

4%

$188

Vacancy

3%

$141

Maintenance

4%

$188

Other

11%

$517

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