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$6,330 (target)

3456 FORSYTHIA DRIVE, Odessa, FL 33556

3 beds • 3 baths • 3054 sqft

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This property looks like a bad Mid-Term investment with a projected -12.11% first-year return on $217k initial cash invested.

-12.11%

Cash On Cash

3.55%

Cap Rate

0.59

DSCR

$6,330

Rent

-$2,193

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,330 income − $8,523 expenses = $2,193 out of pocket

Income$6,330Out of Pocket$2,193Mortgage P&I$4,74875%Property Taxes$1,13018%Insurance$3455%HOA$1482%Management$76012%CapEx$2534%Vacancy$1903%Maintenance$2534%Other$69611%

Investment Breakdown

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Purchase Price

$949k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$217k

Downpayment

20%

$190k

Closing costs

1%

$9,492

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,330

Total Expenses

$8,523

Mortgage P&I

75%

$4,748

Property Taxes

18%

$1,130

Home Insurance

5%

$345

HOA

2%

$148

Property Management

12%

$760

CapEx

4%

$253

Vacancy

3%

$190

Maintenance

4%

$253

Other

11%

$696

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