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$2,424 (target)

3305 FINK STREET, The Villages, FL 32163

3 beds • 2 baths • 1564 sqft

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This property looks like a bad Long-Term investment with a projected -18.24% first-year return on $80,913 initial cash invested.

-18.24%

Cash On Cash

2.75%

Cap Rate

0.44

DSCR

$2,424

Rent

-$1,230

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,424 income − $3,654 expenses = $1,230 out of pocket

Income$2,424Out of Pocket$1,230Mortgage P&I$1,99282%Property Taxes$68928%Insurance$1406%HOA$2048%Management$24210%CapEx$1215%Vacancy$1456%Maintenance$1215%

Investment Breakdown

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Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,913

Downpayment

20%

$77,060

Closing costs

1%

$3,853

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,424

Total Expenses

$3,654

Mortgage P&I

82%

$1,992

Property Taxes

28%

$689

Home Insurance

6%

$140

HOA

8%

$204

Property Management

10%

$242

CapEx

5%

$121

Vacancy

6%

$145

Maintenance

5%

$121

Other

0%

$0

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