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$2,850 (target)

3429 W PALMETTO STREET, Tampa, FL 33607

3 beds • 3 baths • 2313 sqft

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This property looks like a bad Mid-Term investment with a projected -16.27% first-year return on $164k initial cash invested.

-16.27%

Cash On Cash

2.49%

Cap Rate

0.41

DSCR

$2,850

Rent

-$2,229

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,850 income − $5,079 expenses = $2,229 out of pocket

Income$2,850Out of Pocket$2,229Mortgage P&I$3,559125%Property Taxes$29610%Insurance$2549%Management$34212%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%

Investment Breakdown

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Purchase Price

$697k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$164k

Downpayment

20%

$139k

Closing costs

1%

$6,973

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,850

Total Expenses

$5,079

Mortgage P&I

125%

$3,559

Property Taxes

10%

$296

Home Insurance

9%

$254

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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