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$3,098 (target)

511 30th St E, Palmetto, FL 34221

3 beds • 2 baths • 1070 sqft

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This property might be a fair Mid-Term investment with a projected 9.07% first-year return on $67,182 initial cash invested.

9.07%

Cash On Cash

9.49%

Cap Rate

1.52

DSCR

$3,098

Rent

$508

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,098 income − $2,590 expenses = $508 cash flow

Income$3,098Mortgage P&I$1,22039%Property Taxes$2398%Insurance$772%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%Cash Flow$508

Investment Breakdown

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Purchase Price

$234k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,182

Downpayment

20%

$46,840

Closing costs

1%

$2,342

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,098

Total Expenses

$2,590

Mortgage P&I

39%

$1,220

Property Taxes

8%

$239

Home Insurance

2%

$77

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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