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$4,604 (target)

579 CHERAW PLACE, The Villages, FL 32162

3 beds • 2 baths • 1602 sqft

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This property might be a fair Mid-Term investment with a projected 9.97% first-year return on $90,387 initial cash invested.

9.97%

Cash On Cash

9.43%

Cap Rate

1.53

DSCR

$4,604

Rent

$751

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,604 income − $3,853 expenses = $751 cash flow

Income$4,604Mortgage P&I$1,77539%Property Taxes$3898%Insurance$1253%Management$55212%CapEx$1844%Vacancy$1383%Maintenance$1844%Other$50611%Cash Flow$751

Investment Breakdown

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Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,387

Downpayment

20%

$68,940

Closing costs

1%

$3,447

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,604

Total Expenses

$3,853

Mortgage P&I

39%

$1,775

Property Taxes

8%

$389

Home Insurance

3%

$125

HOA

0%

$0

Property Management

12%

$552

CapEx

4%

$184

Vacancy

3%

$138

Maintenance

4%

$184

Other

11%

$506

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