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$5,504 (target)

401 Marsh Creek Rd, Venice, FL 34292

3 beds • 3 baths • 1904 sqft

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This property might be a fair Mid-Term investment with a projected 1.87% first-year return on $130k initial cash invested.

1.87%

Cash On Cash

7%

Cap Rate

1.16

DSCR

$5,504

Rent

$203

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,504 income − $5,301 expenses = $203 cash flow

Income$5,504Mortgage P&I$2,68949%Property Taxes$3687%Insurance$1753%HOA$1994%Management$66012%CapEx$2204%Vacancy$1653%Maintenance$2204%Other$60511%Cash Flow$203

Investment Breakdown

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Purchase Price

$534k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,335

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,504

Total Expenses

$5,301

Mortgage P&I

49%

$2,689

Property Taxes

7%

$368

Home Insurance

3%

$175

HOA

4%

$199

Property Management

12%

$660

CapEx

4%

$220

Vacancy

3%

$165

Maintenance

4%

$220

Other

11%

$605

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