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3106 SW SOLITAIRE PALM Drive, Palm City, FL 34990
3 beds • 3 baths • 1820 sqft
$460,400
View on ZillowThis property might be a fair Mid-Term investment with a projected 1.04% first-year return on $115k initial cash invested.
1.04%
Cash On Cash
7.11%
Cap Rate
1.12
DSCR
$4,984
Rent
$99
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,984 income − $4,885 expenses = $99 cash flow
Investment Breakdown
|
Purchase Price
$460k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$115k
Downpayment
20%
$92,080
Closing costs
1%
$4,604
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,984
Total Expenses
$4,885
Mortgage P&I
49%
$2,430
Property Taxes
5%
$268
Home Insurance
3%
$168
HOA
7%
$325
Property Management
12%
$598
CapEx
4%
$199
Vacancy
3%
$150
Maintenance
4%
$199
Other
11%
$548