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$3,950 (target)

421 Bunkers Cove Rd, Panama City, FL 32401

3 beds • 3 baths • 2280 sqft

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This property might be a fair Mid-Term investment with a projected 7.86% first-year return on $89,925 initial cash invested.

7.86%

Cash On Cash

8.58%

Cap Rate

1.44

DSCR

$3,950

Rent

$589

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,950 income − $3,361 expenses = $589 cash flow

Income$3,950Mortgage P&I$1,70143%Property Taxes$1063%Insurance$2125%Management$47412%CapEx$1584%Vacancy$1183%Maintenance$1584%Other$43411%Cash Flow$589

Investment Breakdown

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Purchase Price

$343k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,925

Downpayment

20%

$68,500

Closing costs

1%

$3,425

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,950

Total Expenses

$3,361

Mortgage P&I

43%

$1,701

Property Taxes

3%

$106

Home Insurance

5%

$212

HOA

0%

$0

Property Management

12%

$474

CapEx

4%

$158

Vacancy

3%

$118

Maintenance

4%

$158

Other

11%

$434

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