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2972 Argyle Rd, Venice, FL 34293

3 beds • 2 baths • 1668 sqft

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This property could be a profitable Mid-Term investment with a projected 16.7% first-year return on $85,200 initial cash invested.

16.7%

Cash On Cash

11.02%

Cap Rate

1.87

DSCR

$4,552

Rent

$1,186

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,200

Downpayment

20%

$64,000

Closing costs

1%

$3,200

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,552

Total Expenses

$3,366

Mortgage P&I

34%

$1,570

Property Taxes

3%

$136

Home Insurance

2%

$112

HOA

0%

$0

Property Management

12%

$546

CapEx

4%

$182

Vacancy

3%

$137

Maintenance

4%

$182

Other

11%

$501

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