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$4,090 (target)

3501 CONMORE STREET, Pt Charlotte, FL 33948

3 beds • 2 baths • 1682 sqft

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This property might be a fair Mid-Term investment with a projected 5.67% first-year return on $90,450 initial cash invested.

5.67%

Cash On Cash

8.14%

Cap Rate

1.34

DSCR

$4,090

Rent

$427

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,090 income − $3,663 expenses = $427 cash flow

Income$4,090Mortgage P&I$1,74943%Property Taxes$40110%Insurance$1213%Management$49112%CapEx$1644%Vacancy$1233%Maintenance$1644%Other$45011%Cash Flow$427

Investment Breakdown

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Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,450

Downpayment

20%

$69,000

Closing costs

1%

$3,450

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,090

Total Expenses

$3,663

Mortgage P&I

43%

$1,749

Property Taxes

10%

$401

Home Insurance

3%

$121

HOA

0%

$0

Property Management

12%

$491

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$450

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