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$4,401 (target)

3273 HOPEWELL STREET, The Villages, FL 32162

3 beds • 2 baths • 1884 sqft

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This property looks like a bad Mid-Term investment with a projected -0.74% first-year return on $113k initial cash invested.

-0.74%

Cash On Cash

6.51%

Cap Rate

1.05

DSCR

$4,401

Rent

-$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,401 income − $4,470 expenses = $69 out of pocket

Income$4,401Out of Pocket$69Mortgage P&I$2,33453%Property Taxes$2726%Insurance$1644%HOA$2045%Management$52812%CapEx$1764%Vacancy$1323%Maintenance$1764%Other$48411%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,040

Closing costs

1%

$4,502

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,401

Total Expenses

$4,470

Mortgage P&I

53%

$2,334

Property Taxes

6%

$272

Home Insurance

4%

$164

HOA

5%

$204

Property Management

12%

$528

CapEx

4%

$176

Vacancy

3%

$132

Maintenance

4%

$176

Other

11%

$484

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