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$2,978 (target)

3920 NW 31st Ter, Gainesville, FL 32605

3 beds • 2 baths • 1248 sqft

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This property might be a fair Mid-Term investment with a projected 2.64% first-year return on $73,713 initial cash invested.

2.64%

Cash On Cash

7.29%

Cap Rate

1.21

DSCR

$2,978

Rent

$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,978 income − $2,816 expenses = $162 cash flow

Income$2,978Mortgage P&I$1,33145%Property Taxes$37913%Insurance$943%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%Cash Flow$162

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,713

Downpayment

20%

$53,060

Closing costs

1%

$2,653

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,978

Total Expenses

$2,816

Mortgage P&I

45%

$1,331

Property Taxes

13%

$379

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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