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5556 NW 62nd Pl, Ocala, FL 34482

3 beds • 2 baths • 1421 sqft

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This property could be a profitable Long-Term investment with a projected 12.8% first-year return on $42,000 initial cash invested.

12.8%

Cash On Cash

8.83%

Cap Rate

1.6

DSCR

$2,030

Rent

$448

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

5.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,030

Total Expenses

$1,582

Mortgage P&I

45%

$921

Property Taxes

3%

$62

Home Insurance

3%

$70

HOA

0%

$0

Property Management

10%

$203

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

5491 Nw 62nd Pl, Ocala, FL 34482

$1,750

3

2

1440

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6430 Nw 56th Ter, Ocala, FL 34482

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3

2

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2

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1.3 mi

1255 S Forest Knoll St

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2

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5

4

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0.6 mi

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2

1

2020

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$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

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