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$4,161 (target)

414 WEKIVA RAPIDS DRIVE, Altamonte Springs, FL 32714

3 beds • 3 baths • 1567 sqft

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This property might be a fair Mid-Term investment with a projected 6.93% first-year return on $94,503 initial cash invested.

6.93%

Cash On Cash

8.67%

Cap Rate

1.37

DSCR

$4,161

Rent

$546

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,161 income − $3,615 expenses = $546 cash flow

Income$4,161Mortgage P&I$1,91946%Property Taxes$1484%Insurance$1313%HOA$3Management$49912%CapEx$1664%Vacancy$1253%Maintenance$1664%Other$45811%Cash Flow$546

Investment Breakdown

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Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,503

Downpayment

20%

$72,860

Closing costs

1%

$3,643

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,161

Total Expenses

$3,615

Mortgage P&I

46%

$1,919

Property Taxes

4%

$148

Home Insurance

3%

$131

HOA

0%

$3

Property Management

12%

$499

CapEx

4%

$166

Vacancy

3%

$125

Maintenance

4%

$166

Other

11%

$458

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