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$2,871 (target)

3154 S Fulmer Cir, Tallahassee, FL 32303

3 beds • 2 baths • 1521 sqft

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This property might be a fair Mid-Term investment with a projected 4.2% first-year return on $73,629 initial cash invested.

4.2%

Cash On Cash

7.64%

Cap Rate

1.28

DSCR

$2,871

Rent

$258

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,871 income − $2,613 expenses = $258 cash flow

Income$2,871Mortgage P&I$1,31446%Property Taxes$2288%Insurance$943%Management$34512%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31611%Cash Flow$258

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,629

Downpayment

20%

$52,980

Closing costs

1%

$2,649

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,871

Total Expenses

$2,613

Mortgage P&I

46%

$1,314

Property Taxes

8%

$228

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$345

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$316

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