Unlock all features! Tap here to upgrade
24803 RIO VILLA LAKES CIRCLE, Punta Gorda, FL 33950
3 beds • 2 baths • 1557 sqft
$310,600
View on ZillowThis property looks like a bad Long-Term investment with a projected -10.05% first-year return on $65,226 initial cash invested.
-10.05%
Cash On Cash
4.45%
Cap Rate
0.73
DSCR
$2,449
Rent
-$546
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,449 income − $2,995 expenses = $546 out of pocket
Investment Breakdown
|
Purchase Price
$311k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,226
Downpayment
20%
$62,120
Closing costs
1%
$3,106
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,449
Total Expenses
$2,995
Mortgage P&I
64%
$1,575
Property Taxes
16%
$398
Home Insurance
5%
$114
HOA
11%
$272
Property Management
10%
$245
CapEx
5%
$122
Vacancy
6%
$147
Maintenance
5%
$122
Other
0%
$0