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$6,973 (target)

2641 NE 52nd Street, Lighthouse Pt, FL 33064

3 beds • 3 baths • 1919 sqft

$1,064,200

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This property looks like a bad Long-Term investment with a projected -7.82% first-year return on $223k initial cash invested.

-7.82%

Cash On Cash

4.87%

Cap Rate

0.8

DSCR

$6,973

Rent

-$1,457

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,973 income − $8,430 expenses = $1,457 out of pocket

Income$6,973Out of Pocket$1,457Mortgage P&I$5,42678%Property Taxes$80011%Insurance$3916%Management$69710%CapEx$3495%Vacancy$4186%Maintenance$3495%

Investment Breakdown

|

Purchase Price

$1064k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$223k

Downpayment

20%

$213k

Closing costs

1%

$10,642

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,973

Total Expenses

$8,430

Mortgage P&I

78%

$5,426

Property Taxes

11%

$800

Home Insurance

6%

$391

HOA

0%

$0

Property Management

10%

$697

CapEx

5%

$349

Vacancy

6%

$418

Maintenance

5%

$349

Other

0%

$0

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