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$3,183 (target)

3404 54th St E, Palmetto, FL 34221

3 beds • 2 baths • 1307 sqft

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This property might be a fair Mid-Term investment with a projected 2.68% first-year return on $80,622 initial cash invested.

2.68%

Cash On Cash

7.26%

Cap Rate

1.21

DSCR

$3,183

Rent

$180

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,183 income − $3,003 expenses = $180 cash flow

Income$3,183Mortgage P&I$1,49747%Property Taxes$1505%Insurance$1073%HOA$1685%Management$38212%CapEx$1274%Vacancy$953%Maintenance$1274%Other$35011%Cash Flow$180

Investment Breakdown

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Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,622

Downpayment

20%

$59,640

Closing costs

1%

$2,982

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,183

Total Expenses

$3,003

Mortgage P&I

47%

$1,497

Property Taxes

5%

$150

Home Insurance

3%

$107

HOA

5%

$168

Property Management

12%

$382

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$350

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