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3016 N Albany Ave, Tampa, FL 33607

4 beds • 3 baths • 2510 sqft

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This property looks like a bad Long-Term investment with a projected -6.27% first-year return on $142k initial cash invested.

-6.27%

Cash On Cash

5.02%

Cap Rate

0.84

DSCR

$4,360

Rent

-$741

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$675k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$135k

Closing costs

1%

$6,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,360

Total Expenses

$5,101

Mortgage P&I

77%

$3,348

Property Taxes

9%

$383

Home Insurance

5%

$236

HOA

0%

$0

Property Management

10%

$436

CapEx

5%

$218

Vacancy

6%

$262

Maintenance

5%

$218

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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0.3 mi

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2

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5

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2

1

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0.9 mi

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$2,850

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4

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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