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$2,105 (target)

3695 WAFFLE TERRACE, North Port, FL 34286

3 beds • 2 baths • 1805 sqft

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This property looks like a bad Long-Term investment with a projected -10.32% first-year return on $71,274 initial cash invested.

-10.32%

Cash On Cash

4.27%

Cap Rate

0.7

DSCR

$2,105

Rent

-$613

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,105 income − $2,718 expenses = $613 out of pocket

Income$2,105Out of Pocket$613Mortgage P&I$1,71782%Property Taxes$33316%Insurance$1226%Management$21010%CapEx$1055%Vacancy$1266%Maintenance$1055%

Investment Breakdown

|

Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,274

Downpayment

20%

$67,880

Closing costs

1%

$3,394

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,105

Total Expenses

$2,718

Mortgage P&I

82%

$1,717

Property Taxes

16%

$333

Home Insurance

6%

$122

HOA

0%

$0

Property Management

10%

$210

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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