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$3,930 (target)

5964 48TH STREET E, Bradenton, FL 34203

3 beds • 2 baths • 1672 sqft

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This property might be a fair Mid-Term investment with a projected 0.71% first-year return on $94,104 initial cash invested.

0.71%

Cash On Cash

7.03%

Cap Rate

1.11

DSCR

$3,930

Rent

$56

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,930 income − $3,874 expenses = $56 cash flow

Income$3,930Mortgage P&I$1,90949%Property Taxes$40110%Insurance$1313%HOA$972%Management$47212%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43211%Cash Flow$56

Investment Breakdown

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Purchase Price

$362k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,104

Downpayment

20%

$72,480

Closing costs

1%

$3,624

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,930

Total Expenses

$3,874

Mortgage P&I

49%

$1,909

Property Taxes

10%

$401

Home Insurance

3%

$131

HOA

2%

$97

Property Management

12%

$472

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$432

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