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$3,712 (target)

31 MEADOWLARK LANE, Placida, FL 33946

3 beds • 2 baths • 1793 sqft

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This property might be a fair Mid-Term investment with a projected 5.61% first-year return on $87,132 initial cash invested.

5.61%

Cash On Cash

8.03%

Cap Rate

1.34

DSCR

$3,712

Rent

$407

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,712 income − $3,305 expenses = $407 cash flow

Income$3,712Mortgage P&I$1,64744%Property Taxes$2647%Insurance$1223%HOA$12Management$44512%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40811%Cash Flow$407

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,132

Downpayment

20%

$65,840

Closing costs

1%

$3,292

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,712

Total Expenses

$3,305

Mortgage P&I

44%

$1,647

Property Taxes

7%

$264

Home Insurance

3%

$122

HOA

0%

$12

Property Management

12%

$445

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$408

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