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$4,418 (target)

3231 Traverse Ave, North Port, FL 34286

3 beds • 2 baths • 2075 sqft

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This property might be a fair Mid-Term investment with a projected 2.98% first-year return on $104k initial cash invested.

2.98%

Cash On Cash

7.9%

Cap Rate

1.19

DSCR

$4,418

Rent

$259

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,418 income − $4,159 expenses = $259 cash flow

Income$4,418Mortgage P&I$2,27451%Property Taxes$2335%Insurance$1493%Management$53012%CapEx$1774%Vacancy$1333%Maintenance$1774%Other$48611%Cash Flow$259

Investment Breakdown

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Purchase Price

$412k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,320

Closing costs

1%

$4,116

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,418

Total Expenses

$4,159

Mortgage P&I

51%

$2,274

Property Taxes

5%

$233

Home Insurance

3%

$149

HOA

0%

$0

Property Management

12%

$530

CapEx

4%

$177

Vacancy

3%

$133

Maintenance

4%

$177

Other

11%

$486

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