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$3,350 (target)

3256 Suncoast Plains Dr, Odessa, FL 33556

3 beds • 2 baths • 1516 sqft

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This property looks like a bad Mid-Term investment with a projected -7.36% first-year return on $100k initial cash invested.

-7.36%

Cash On Cash

4.37%

Cap Rate

0.75

DSCR

$3,350

Rent

-$616

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,350 income − $3,966 expenses = $616 out of pocket

Income$3,350Out of Pocket$616Mortgage P&I$1,91157%Property Taxes$70821%Insurance$1404%HOA$692%Management$40212%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36811%

Investment Breakdown

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Purchase Price

$393k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,560

Closing costs

1%

$3,928

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,350

Total Expenses

$3,966

Mortgage P&I

57%

$1,911

Property Taxes

21%

$708

Home Insurance

4%

$140

HOA

2%

$69

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$368

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