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$5,517 (target)

2711 AVENUE C, Holmes Beach, FL 34217

3 beds • 2 baths • 1702 sqft

$1,077,200

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This property looks like a bad Long-Term investment with a projected -13.71% first-year return on $226k initial cash invested.

-13.71%

Cash On Cash

3.46%

Cap Rate

0.57

DSCR

$5,517

Rent

-$2,584

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,517 income − $8,101 expenses = $2,584 out of pocket

Income$5,517Out of Pocket$2,584Mortgage P&I$5,41198%Property Taxes$95817%Insurance$2975%Management$55210%CapEx$2765%Vacancy$3316%Maintenance$2765%

Investment Breakdown

|

Purchase Price

$1077k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$226k

Downpayment

20%

$215k

Closing costs

1%

$10,772

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,517

Total Expenses

$8,101

Mortgage P&I

98%

$5,411

Property Taxes

17%

$958

Home Insurance

5%

$297

HOA

0%

$0

Property Management

10%

$552

CapEx

5%

$276

Vacancy

6%

$331

Maintenance

5%

$276

Other

0%

$0

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