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$2,978 (target)

297 Flamingo Blvd, Pt Charlotte, FL 33954

3 beds • 2 baths • 1729 sqft

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This property looks like a bad Mid-Term investment with a projected -4.05% first-year return on $92,844 initial cash invested.

-4.05%

Cash On Cash

5.33%

Cap Rate

0.89

DSCR

$2,978

Rent

-$313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,978 income − $3,291 expenses = $313 out of pocket

Income$2,978Out of Pocket$313Mortgage P&I$1,77660%Property Taxes$37313%Insurance$1304%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%

Investment Breakdown

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Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,844

Downpayment

20%

$71,280

Closing costs

1%

$3,564

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,978

Total Expenses

$3,291

Mortgage P&I

60%

$1,776

Property Taxes

13%

$373

Home Insurance

4%

$130

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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