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$1,421 (target)

38910 MERRELL AVENUE, Umatilla, FL 32784

3 beds • 2 baths • 1088 sqft

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This property looks like a bad Long-Term investment with a projected -10.46% first-year return on $47,712 initial cash invested.

-10.46%

Cash On Cash

4.31%

Cap Rate

0.7

DSCR

$1,421

Rent

-$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,421 income − $1,837 expenses = $416 out of pocket

Income$1,421Out of Pocket$416Mortgage P&I$1,16182%Property Taxes$21315%Insurance$947%Management$14210%CapEx$715%Vacancy$856%Maintenance$715%

Investment Breakdown

|

Purchase Price

$227k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,712

Downpayment

20%

$45,440

Closing costs

1%

$2,272

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,421

Total Expenses

$1,837

Mortgage P&I

82%

$1,161

Property Taxes

15%

$213

Home Insurance

7%

$94

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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