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$2,960 (target)

543 PALMETTO BLUFF Road, Palatka, FL 32177

3 beds • 2 baths • 1334 sqft

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This property might be a fair Mid-Term investment with a projected 8.02% first-year return on $74,532 initial cash invested.

8.02%

Cash On Cash

8.77%

Cap Rate

1.46

DSCR

$2,960

Rent

$498

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,960 income − $2,462 expenses = $498 cash flow

Income$2,960Mortgage P&I$1,35146%Property Taxes$11Insurance$943%Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32611%Cash Flow$498

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,532

Downpayment

20%

$53,840

Closing costs

1%

$2,692

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,960

Total Expenses

$2,462

Mortgage P&I

46%

$1,351

Property Taxes

0%

$11

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$326

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