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2822 NE 16th Dr, Gainesville, FL 32609

3 beds • 2 baths • 1008 sqft

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This property looks like a bad Long-Term investment with a projected -0.81% first-year return on $41,664 initial cash invested.

-0.81%

Cash On Cash

6.53%

Cap Rate

1.05

DSCR

$1,667

Rent

-$28

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$198k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,664

Downpayment

20%

$39,680

Closing costs

1%

$1,984

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,667

Total Expenses

$1,695

Mortgage P&I

61%

$1,025

Property Taxes

10%

$167

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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