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$3,414 (target)

462 EMERALD GROVE DRIVE, Apopka, FL 32703

3 beds • 4 baths • 3221 sqft

$1,100,000

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This property looks like a bad Long-Term investment with a projected -19.44% first-year return on $231k initial cash invested.

-19.44%

Cash On Cash

2.42%

Cap Rate

0.38

DSCR

$3,414

Rent

-$3,742

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,414 income − $7,156 expenses = $3,742 out of pocket

Income$3,414Out of Pocket$3,742Mortgage P&I$5,785169%Property Taxes$13Insurance$38511%HOA$852%Management$34110%CapEx$1715%Vacancy$2056%Maintenance$1715%

Investment Breakdown

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Purchase Price

$1100k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$231k

Downpayment

20%

$220k

Closing costs

1%

$11,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,414

Total Expenses

$7,156

Mortgage P&I

169%

$5,785

Property Taxes

0%

$13

Home Insurance

11%

$385

HOA

2%

$85

Property Management

10%

$341

CapEx

5%

$171

Vacancy

6%

$205

Maintenance

5%

$171

Other

0%

$0

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