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$3,008 (target)

3374 CAROLINE RIDGE Lane E, Jacksonville, FL 32225

3 beds • 2 baths • 1786 sqft

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This property looks like a bad Mid-Term investment with a projected -3.82% first-year return on $86,313 initial cash invested.

-3.82%

Cash On Cash

5.62%

Cap Rate

0.91

DSCR

$3,008

Rent

-$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,008 income − $3,283 expenses = $275 out of pocket

Income$3,008Out of Pocket$275Mortgage P&I$1,67956%Property Taxes$44615%Insurance$1164%HOA$201%Management$36112%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33111%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,313

Downpayment

20%

$65,060

Closing costs

1%

$3,253

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,008

Total Expenses

$3,283

Mortgage P&I

56%

$1,679

Property Taxes

15%

$446

Home Insurance

4%

$116

HOA

1%

$20

Property Management

12%

$361

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$331

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