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$6,363 (target)

5111 23rd Ave W, Bradenton, FL 34209

3 beds • 2 baths • 1670 sqft

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This property might be a fair Mid-Term investment with a projected 9.43% first-year return on $128k initial cash invested.

9.43%

Cash On Cash

8.81%

Cap Rate

1.49

DSCR

$6,363

Rent

$1,004

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,363 income − $5,359 expenses = $1,004 cash flow

Income$6,363Mortgage P&I$2,58241%Property Taxes$4207%Insurance$1923%Management$76412%CapEx$2554%Vacancy$1913%Maintenance$2554%Other$70011%Cash Flow$1,004

Investment Breakdown

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Purchase Price

$523k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,230

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,363

Total Expenses

$5,359

Mortgage P&I

41%

$2,582

Property Taxes

7%

$420

Home Insurance

3%

$192

HOA

0%

$0

Property Management

12%

$764

CapEx

4%

$255

Vacancy

3%

$191

Maintenance

4%

$255

Other

11%

$700

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