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$4,665 (target)

3653 SE 2nd Ct, Homestead, FL 33033

3 beds • 2 baths • 2043 sqft

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This property looks like a bad Mid-Term investment with a projected -9.99% first-year return on $128k initial cash invested.

-9.99%

Cash On Cash

4.63%

Cap Rate

0.7

DSCR

$4,665

Rent

-$1,064

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,665 income − $5,729 expenses = $1,064 out of pocket

Income$4,665Out of Pocket$1,064Mortgage P&I$2,89462%Property Taxes$83618%Insurance$1864%HOA$2265%Management$56012%CapEx$1874%Vacancy$1403%Maintenance$1874%Other$51311%

Investment Breakdown

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Purchase Price

$523k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,229

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,665

Total Expenses

$5,729

Mortgage P&I

62%

$2,894

Property Taxes

18%

$836

Home Insurance

4%

$186

HOA

5%

$226

Property Management

12%

$560

CapEx

4%

$187

Vacancy

3%

$140

Maintenance

4%

$187

Other

11%

$513

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