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$3,597 (target)

2541 MARTINS RUN, Tavares, FL 32778

3 beds • 2 baths • 1425 sqft

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This property might be a fair Mid-Term investment with a projected 7.05% first-year return on $76,275 initial cash invested.

7.05%

Cash On Cash

8.56%

Cap Rate

1.43

DSCR

$3,597

Rent

$448

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,597 income − $3,149 expenses = $448 cash flow

Income$3,597Mortgage P&I$1,38839%Property Taxes$37710%Insurance$1003%HOA$602%Management$43212%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39611%Cash Flow$448

Investment Breakdown

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Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,275

Downpayment

20%

$55,500

Closing costs

1%

$2,775

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,597

Total Expenses

$3,149

Mortgage P&I

39%

$1,388

Property Taxes

10%

$377

Home Insurance

3%

$100

HOA

2%

$60

Property Management

12%

$432

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$396

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