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$3,126 (target)

579 OLIVE CONCH STREET, Ruskin, FL 33570

3 beds • 2 baths • 1516 sqft

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This property looks like a bad Mid-Term investment with a projected -0.43% first-year return on $75,897 initial cash invested.

-0.43%

Cash On Cash

6.52%

Cap Rate

1.07

DSCR

$3,126

Rent

-$27

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,126 income − $3,153 expenses = $27 out of pocket

Income$3,126Out of Pocket$27Mortgage P&I$1,40145%Property Taxes$57718%Insurance$983%HOA$14Management$37512%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34411%

Investment Breakdown

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Purchase Price

$276k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,897

Downpayment

20%

$55,140

Closing costs

1%

$2,757

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,126

Total Expenses

$3,153

Mortgage P&I

45%

$1,401

Property Taxes

18%

$577

Home Insurance

3%

$98

HOA

0%

$14

Property Management

12%

$375

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$344

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