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$8,220 (target)

2928 Fogarty Ave, Key West, FL 33040

3 beds • 2 baths • 1488 sqft

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This property might be a fair Mid-Term investment with a projected 1.61% first-year return on $199k initial cash invested.

1.61%

Cash On Cash

6.86%

Cap Rate

1.14

DSCR

$8,220

Rent

$266

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,220 income − $7,954 expenses = $266 cash flow

Income$8,220Mortgage P&I$4,32153%Property Taxes$5326%Insurance$3064%Management$98612%CapEx$3294%Vacancy$2473%Maintenance$3294%Other$90411%Cash Flow$266

Investment Breakdown

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Purchase Price

$860k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$199k

Downpayment

20%

$172k

Closing costs

1%

$8,601

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$8,220

Total Expenses

$7,954

Mortgage P&I

53%

$4,321

Property Taxes

6%

$532

Home Insurance

4%

$306

HOA

0%

$0

Property Management

12%

$986

CapEx

4%

$329

Vacancy

3%

$247

Maintenance

4%

$329

Other

11%

$904

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