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$3,402 (target)

3660 Kelly Rd, Mims, FL 32754

3 beds • 2 baths • 1504 sqft

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This property might be a fair Mid-Term investment with a projected 4.48% first-year return on $88,392 initial cash invested.

4.48%

Cash On Cash

7.77%

Cap Rate

1.27

DSCR

$3,402

Rent

$330

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,402 income − $3,072 expenses = $330 cash flow

Income$3,402Mortgage P&I$1,70450%Property Taxes$903%Insurance$1224%Management$40812%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37411%Cash Flow$330

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,392

Downpayment

20%

$67,040

Closing costs

1%

$3,352

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,402

Total Expenses

$3,072

Mortgage P&I

50%

$1,704

Property Taxes

3%

$90

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

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