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$3,743 (target)

6187 9TH AVENUE CIRCLE NE, Bradenton, FL 34212

3 beds • 2 baths • 2155 sqft

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This property looks like a bad Long-Term investment with a projected -19.37% first-year return on $193k initial cash invested.

-19.37%

Cash On Cash

2.27%

Cap Rate

0.37

DSCR

$3,743

Rent

-$3,113

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,743 income − $6,856 expenses = $3,113 out of pocket

Income$3,743Out of Pocket$3,113Mortgage P&I$4,663125%Property Taxes$72419%Insurance$3469%HOA$1504%Management$37410%CapEx$1875%Vacancy$2256%Maintenance$1875%

Investment Breakdown

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Purchase Price

$918k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$193k

Downpayment

20%

$184k

Closing costs

1%

$9,183

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,743

Total Expenses

$6,856

Mortgage P&I

125%

$4,663

Property Taxes

19%

$724

Home Insurance

9%

$346

HOA

4%

$150

Property Management

10%

$374

CapEx

5%

$187

Vacancy

6%

$225

Maintenance

5%

$187

Other

0%

$0

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