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$3,104 (target)

2518 Hastings Dr, Tallahassee, FL 32303

3 beds • 2 baths • 2474 sqft

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This property might be a fair Mid-Term investment with a projected 0.05% first-year return on $91,500 initial cash invested.

0.05%

Cash On Cash

6.53%

Cap Rate

1.07

DSCR

$3,104

Rent

$4

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,104 income − $3,100 expenses = $4 cash flow

Income$3,104Mortgage P&I$1,77857%Property Taxes$1465%Insurance$1224%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%Cash Flow$4

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,104

Total Expenses

$3,100

Mortgage P&I

57%

$1,778

Property Taxes

5%

$146

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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