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$3,351 (target)

5916 68TH DRIVE E, Palmetto, FL 34221

3 beds • 2 baths • 1782 sqft

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This property looks like a bad Mid-Term investment with a projected -4.42% first-year return on $118k initial cash invested.

-4.42%

Cash On Cash

5.31%

Cap Rate

0.87

DSCR

$3,351

Rent

-$436

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,351 income − $3,787 expenses = $436 out of pocket

Income$3,351Out of Pocket$436Mortgage P&I$2,41572%Property Taxes$221%Insurance$1755%HOA$351%Management$40212%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$36911%

Investment Breakdown

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Purchase Price

$478k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,560

Closing costs

1%

$4,778

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,351

Total Expenses

$3,787

Mortgage P&I

72%

$2,415

Property Taxes

1%

$22

Home Insurance

5%

$175

HOA

1%

$35

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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