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$3,950 (target)

3457 Paces Ferry Rd, Tallahassee, FL 32309

3 beds • 2 baths • 2014 sqft

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This property looks like a bad Mid-Term investment with a projected -3.16% first-year return on $115k initial cash invested.

-3.16%

Cash On Cash

5.94%

Cap Rate

0.94

DSCR

$3,950

Rent

-$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,950 income − $4,254 expenses = $304 out of pocket

Income$3,950Out of Pocket$304Mortgage P&I$2,44362%Property Taxes$2927%Insurance$1644%HOA$13Management$47412%CapEx$1584%Vacancy$1183%Maintenance$1584%Other$43411%

Investment Breakdown

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Purchase Price

$464k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,760

Closing costs

1%

$4,638

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,950

Total Expenses

$4,254

Mortgage P&I

62%

$2,443

Property Taxes

7%

$292

Home Insurance

4%

$164

HOA

0%

$13

Property Management

12%

$474

CapEx

4%

$158

Vacancy

3%

$118

Maintenance

4%

$158

Other

11%

$434

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