3425 CRAPE MYRTLE DRIVE, Hernando Beach, FL 34607
3 beds • 2 baths • 1252 sqft
$351,500
View on ZillowThis property looks like a bad Long-Term investment with a projected -8.66% first-year return on $73,815 initial cash invested.
-8.66%
Cash On Cash
5.03%
Cap Rate
0.78
DSCR
$2,542
Rent
-$533
Cashflow
Cash Flow
$2,542 income − $3,075 expenses = $533 out of pocket
Investment Breakdown
|
Purchase Price
$352k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,815
Downpayment
20%
$70,300
Closing costs
1%
$3,515
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,542
Total Expenses
$3,075
Mortgage P&I
74%
$1,880
Property Taxes
16%
$404
Home Insurance
5%
$130
HOA
0%
$0
Property Management
10%
$254
CapEx
5%
$127
Vacancy
6%
$153
Maintenance
5%
$127
Other
0%
$0