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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 looks like a bad Long-Term investment with a projected -9.07% first-year return on $96,684 initial cash invested.
-9.07%
Cash On Cash
4.86%
Cap Rate
0.77
DSCR
$3,323
Rent
-$731
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,323 income − $4,054 expenses = $731 out of pocket
Investment Breakdown
|
Purchase Price
$460k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,684
Downpayment
20%
$92,080
Closing costs
1%
$4,604
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,323
Total Expenses
$4,054
Mortgage P&I
73%
$2,430
Property Taxes
8%
$268
Home Insurance
5%
$168
HOA
10%
$325
Property Management
10%
$332
CapEx
5%
$166
Vacancy
6%
$199
Maintenance
5%
$166
Other
0%
$0