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3260 N Shannon Lakes Dr, Tallahassee, FL 32309

3 beds • 3 baths • 2252 sqft

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This property looks like a bad Long-Term investment with a projected -13.06% first-year return on $125k initial cash invested.

-13.06%

Cash On Cash

3.3%

Cap Rate

0.57

DSCR

$2,770

Rent

-$1,360

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$595k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$119k

Closing costs

1%

$5,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,770

Total Expenses

$4,130

Mortgage P&I

103%

$2,856

Property Taxes

12%

$330

Home Insurance

8%

$208

HOA

1%

$17

Property Management

10%

$277

CapEx

5%

$138

Vacancy

6%

$166

Maintenance

5%

$138

Other

0%

$0

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Comparable Property

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Beds

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SQFT

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0.6 mi

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