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$2,847 (target)

338 Lacosta Ave, Panama City, FL 32404

3 beds • 2 baths • 1684 sqft

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This property might be a fair Mid-Term investment with a projected 3.69% first-year return on $72,894 initial cash invested.

3.69%

Cash On Cash

8.1%

Cap Rate

1.24

DSCR

$2,847

Rent

$224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,847 income − $2,623 expenses = $224 cash flow

Income$2,847Mortgage P&I$1,42750%Property Taxes$1586%Insurance$702%Management$34212%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%Cash Flow$224

Investment Breakdown

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Purchase Price

$261k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,894

Downpayment

20%

$52,280

Closing costs

1%

$2,614

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,847

Total Expenses

$2,623

Mortgage P&I

50%

$1,427

Property Taxes

6%

$158

Home Insurance

2%

$70

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

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