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$2,610 (target)

633 3rd St, Chipley, FL 32428

3 beds • 2 baths • 1823 sqft

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This property could be a profitable Mid-Term investment with a projected 20.02% first-year return on $49,080 initial cash invested.

20.02%

Cash On Cash

13.74%

Cap Rate

2.2

DSCR

$2,610

Rent

$819

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,610 income − $1,791 expenses = $819 cash flow

Income$2,610Mortgage P&I$77130%Property Taxes$924%Insurance$422%Management$31312%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28711%Cash Flow$819

Investment Breakdown

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Purchase Price

$148k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,080

Downpayment

20%

$29,600

Closing costs

1%

$1,480

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,610

Total Expenses

$1,791

Mortgage P&I

30%

$771

Property Taxes

4%

$92

Home Insurance

2%

$42

HOA

0%

$0

Property Management

12%

$313

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$287

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