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2901 Palm Dr, Punta Gorda, FL 33950

3 beds • 2 baths • 1889 sqft

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This property could be a profitable Mid-Term investment with a projected 13.38% first-year return on $82,344 initial cash invested.

13.38%

Cash On Cash

10.18%

Cap Rate

1.73

DSCR

$4,420

Rent

$918

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$306k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,344

Downpayment

20%

$61,280

Closing costs

1%

$3,064

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,420

Total Expenses

$3,502

Mortgage P&I

34%

$1,504

Property Taxes

9%

$376

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$530

CapEx

4%

$177

Vacancy

3%

$133

Maintenance

4%

$177

Other

11%

$486

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