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$2,564 (target)

2601 Hastings Dr, Tallahassee, FL 32303

3 beds • 2 baths • 1515 sqft

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This property might be a fair Mid-Term investment with a projected 2.18% first-year return on $73,146 initial cash invested.

2.18%

Cash On Cash

7.21%

Cap Rate

1.18

DSCR

$2,564

Rent

$133

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,564 income − $2,431 expenses = $133 cash flow

Income$2,564Mortgage P&I$1,34252%Property Taxes$1225%Insurance$944%Management$30812%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28211%Cash Flow$133

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,146

Downpayment

20%

$52,520

Closing costs

1%

$2,626

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,564

Total Expenses

$2,431

Mortgage P&I

52%

$1,342

Property Taxes

5%

$122

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$308

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$282

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