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$4,692 (target)

541 Morningside Rd, Venice, FL 34293

3 beds • 2 baths • 1856 sqft

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This property could be a profitable Mid-Term investment with a projected 15.2% first-year return on $89,904 initial cash invested.

15.2%

Cash On Cash

10.58%

Cap Rate

1.78

DSCR

$4,692

Rent

$1,139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,692 income − $3,553 expenses = $1,139 cash flow

Income$4,692Mortgage P&I$1,69336%Property Taxes$1383%Insurance$1263%Management$56312%CapEx$1884%Vacancy$1413%Maintenance$1884%Other$51611%Cash Flow$1,139

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,904

Downpayment

20%

$68,480

Closing costs

1%

$3,424

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,692

Total Expenses

$3,553

Mortgage P&I

36%

$1,693

Property Taxes

3%

$138

Home Insurance

3%

$126

HOA

0%

$0

Property Management

12%

$563

CapEx

4%

$188

Vacancy

3%

$141

Maintenance

4%

$188

Other

11%

$516

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