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$7,913 (target)

2521 NE 45th Street, Lighthouse Pt, FL 33064

3 beds • 3 baths • 2072 sqft

$1,299,000

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This property looks like a bad Long-Term investment with a projected -8.42% first-year return on $273k initial cash invested.

-8.42%

Cash On Cash

4.8%

Cap Rate

0.77

DSCR

$7,913

Rent

-$1,913

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,913 income − $9,826 expenses = $1,913 out of pocket

Income$7,913Out of Pocket$1,913Mortgage P&I$6,71585%Property Taxes$5988%Insurance$4556%Management$79110%CapEx$3965%Vacancy$4756%Maintenance$3965%

Investment Breakdown

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Purchase Price

$1299k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$273k

Downpayment

20%

$260k

Closing costs

1%

$12,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,913

Total Expenses

$9,826

Mortgage P&I

85%

$6,715

Property Taxes

8%

$598

Home Insurance

6%

$455

HOA

0%

$0

Property Management

10%

$791

CapEx

5%

$396

Vacancy

6%

$475

Maintenance

5%

$396

Other

0%

$0

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