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$6,507 (target)

2623 Gulfview Dr, Key West, FL 33040

3 beds • 3 baths • 1720 sqft

$2,260,500

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This property looks like a bad Long-Term investment with a projected -21.65% first-year return on $475k initial cash invested.

-21.65%

Cash On Cash

1.74%

Cap Rate

0.29

DSCR

$6,507

Rent

-$8,566

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,507 income − $15,073 expenses = $8,566 out of pocket

Income$6,507Out of Pocket$8,566Mortgage P&I$11,526177%Property Taxes$6169%Insurance$84013%HOA$4006%Management$65110%CapEx$3255%Vacancy$3906%Maintenance$3255%

Investment Breakdown

|

Purchase Price

$2261k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$475k

Downpayment

20%

$452k

Closing costs

1%

$22,605

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,507

Total Expenses

$15,073

Mortgage P&I

177%

$11,526

Property Taxes

9%

$616

Home Insurance

13%

$840

HOA

6%

$400

Property Management

10%

$651

CapEx

5%

$325

Vacancy

6%

$390

Maintenance

5%

$325

Other

0%

$0

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