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$6,630 (target)

2690 Linkside Drive, Wellington, FL 33414

3 beds • 2 baths • 1604 sqft

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This property might be a fair Mid-Term investment with a projected 1.86% first-year return on $149k initial cash invested.

1.86%

Cash On Cash

6.9%

Cap Rate

1.16

DSCR

$6,630

Rent

$230

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,630 income − $6,400 expenses = $230 cash flow

Income$6,630Mortgage P&I$3,08146%Property Taxes$79712%Insurance$2283%HOA$401%Management$79612%CapEx$2654%Vacancy$1993%Maintenance$2654%Other$72911%Cash Flow$230

Investment Breakdown

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Purchase Price

$622k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$149k

Downpayment

20%

$124k

Closing costs

1%

$6,222

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,630

Total Expenses

$6,400

Mortgage P&I

46%

$3,081

Property Taxes

12%

$797

Home Insurance

3%

$228

HOA

1%

$40

Property Management

12%

$796

CapEx

4%

$265

Vacancy

3%

$199

Maintenance

4%

$265

Other

11%

$729

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