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$7,596 (target)

3900 Palm Dr, Punta Gorda, FL 33950

3 beds • 2 baths • 1901 sqft

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This property could be a profitable Mid-Term investment with a projected 34.05% first-year return on $93,327 initial cash invested.

34.05%

Cash On Cash

15.78%

Cap Rate

2.67

DSCR

$7,596

Rent

$2,648

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,596 income − $4,948 expenses = $2,648 cash flow

Income$7,596Mortgage P&I$1,76423%Property Taxes$4506%Insurance$1502%Management$91212%CapEx$3044%Vacancy$2283%Maintenance$3044%Other$83611%Cash Flow$2,648

Investment Breakdown

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Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,327

Downpayment

20%

$71,740

Closing costs

1%

$3,587

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$7,596

Total Expenses

$4,948

Mortgage P&I

23%

$1,764

Property Taxes

6%

$450

Home Insurance

2%

$150

HOA

0%

$0

Property Management

12%

$912

CapEx

4%

$304

Vacancy

3%

$228

Maintenance

4%

$304

Other

11%

$836

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