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$5,000 (target)

2972 KENILWICK DRIVE S, Clearwater, FL 33761

3 beds • 2 baths • 1642 sqft

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This property might be a fair Mid-Term investment with a projected 0.49% first-year return on $130k initial cash invested.

0.49%

Cash On Cash

6.92%

Cap Rate

1.09

DSCR

$5,000

Rent

$53

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,000 income − $4,947 expenses = $53 cash flow

Income$5,000Mortgage P&I$2,83257%Property Taxes$2265%Insurance$1894%Management$60012%CapEx$2004%Vacancy$1503%Maintenance$2004%Other$55011%Cash Flow$53

Investment Breakdown

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Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,352

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,000

Total Expenses

$4,947

Mortgage P&I

57%

$2,832

Property Taxes

5%

$226

Home Insurance

4%

$189

HOA

0%

$0

Property Management

12%

$600

CapEx

4%

$200

Vacancy

3%

$150

Maintenance

4%

$200

Other

11%

$550

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