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511 Royal Palm Dr, Davenport, FL 33837

3 beds • 2 baths • 1776 sqft

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This property looks like a bad Mid-Term investment with a projected -1.84% first-year return on $80,748 initial cash invested.

-1.84%

Cash On Cash

5.86%

Cap Rate

1

DSCR

$2,922

Rent

-$124

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,748

Downpayment

20%

$59,760

Closing costs

1%

$2,988

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,922

Total Expenses

$3,046

Mortgage P&I

50%

$1,466

Property Taxes

6%

$178

Home Insurance

4%

$107

HOA

10%

$301

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$321

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