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$3,333 (target)

2972 KENILWICK DRIVE S, Clearwater, FL 33761

3 beds • 2 baths • 1642 sqft

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This property looks like a bad Long-Term investment with a projected -8.34% first-year return on $112k initial cash invested.

-8.34%

Cash On Cash

4.97%

Cap Rate

0.78

DSCR

$3,333

Rent

-$781

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,333 income − $4,114 expenses = $781 out of pocket

Income$3,333Out of Pocket$781Mortgage P&I$2,83285%Property Taxes$2267%Insurance$1896%Management$33310%CapEx$1675%Vacancy$2006%Maintenance$1675%

Investment Breakdown

|

Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$107k

Closing costs

1%

$5,352

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,333

Total Expenses

$4,114

Mortgage P&I

85%

$2,832

Property Taxes

7%

$226

Home Insurance

6%

$189

HOA

0%

$0

Property Management

10%

$333

CapEx

5%

$167

Vacancy

6%

$200

Maintenance

5%

$167

Other

0%

$0

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