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$3,990 (target)

2809 NW 35TH PLACE, Gainesville, FL 32605

3 beds • 2 baths • 2143 sqft

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This property might be a fair Mid-Term investment with a projected 1.89% first-year return on $99,228 initial cash invested.

1.89%

Cash On Cash

7.36%

Cap Rate

1.15

DSCR

$3,990

Rent

$156

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,990 income − $3,834 expenses = $156 cash flow

Income$3,990Mortgage P&I$2,05652%Property Taxes$2576%Insurance$1424%HOA$211%Management$47912%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$43911%Cash Flow$156

Investment Breakdown

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Purchase Price

$387k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,228

Downpayment

20%

$77,360

Closing costs

1%

$3,868

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,990

Total Expenses

$3,834

Mortgage P&I

52%

$2,056

Property Taxes

6%

$257

Home Insurance

4%

$142

HOA

1%

$21

Property Management

12%

$479

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$439

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