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5813 NW 23RD TERRACE #ABCD, Gainesville, FL 32653

8 beds • 4 baths • 3600 sqft • 4 units

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This property could be a profitable Mid-Term investment with a projected 15.07% first-year return on $143k initial cash invested.

15.07%

Cash On Cash

11.6%

Cap Rate

1.9

DSCR

$6,840

Rent

$1,789

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,840 income − $5,051 expenses = $1,789 cash flow

Income$6,840Mortgage P&I$2,28833%Property Taxes$1963%Insurance$1582%HOA$831%Management$82112%CapEx$2744%Vacancy$2053%Maintenance$2744%Other$75211%Cash Flow$1,789

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

11%

$48,000

Cashflow

Total Income

$6,840

Total Expenses

$5,051

Mortgage P&I

33%

$2,288

Property Taxes

3%

$196

Home Insurance

2%

$158

HOA

1%

$83

Property Management

12%

$821

CapEx

4%

$274

Vacancy

3%

$205

Maintenance

4%

$274

Other

11%

$752

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