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$2,934 (target)

402 E Iowa Ave, Bonifay, FL 32425

3 beds • 2 baths • 1746 sqft

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This property could be a profitable Long-Term investment with a projected 13.72% first-year return on $52,920 initial cash invested.

13.72%

Cash On Cash

9.67%

Cap Rate

1.59

DSCR

$2,934

Rent

$605

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,934 income − $2,329 expenses = $605 cash flow

Income$2,934Mortgage P&I$1,27844%Property Taxes$1977%Insurance$913%Management$29310%CapEx$1475%Vacancy$1766%Maintenance$1475%Cash Flow$605

Investment Breakdown

|

Purchase Price

$252k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,920

Downpayment

20%

$50,400

Closing costs

1%

$2,520

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,934

Total Expenses

$2,329

Mortgage P&I

44%

$1,278

Property Taxes

7%

$197

Home Insurance

3%

$91

HOA

0%

$0

Property Management

10%

$293

CapEx

5%

$147

Vacancy

6%

$176

Maintenance

5%

$147

Other

0%

$0

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