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31628 SPOONFLOWER CIRCLE, Wesley Chapel, FL 33545
3 beds • 3 baths • 1719 sqft
$351,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -7.33% first-year return on $73,710 initial cash invested.
-7.33%
Cash On Cash
4.97%
Cap Rate
0.82
DSCR
$2,477
Rent
-$450
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,477 income − $2,927 expenses = $450 out of pocket
Investment Breakdown
|
Purchase Price
$351k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,710
Downpayment
20%
$70,200
Closing costs
1%
$3,510
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,477
Total Expenses
$2,927
Mortgage P&I
72%
$1,780
Property Taxes
15%
$365
Home Insurance
5%
$123
HOA
1%
$14
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0