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$3,168 (target)

640 Voncile Ave, Tallahassee, FL 32303

3 beds • 2 baths • 1518 sqft

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This property might be a fair Mid-Term investment with a projected 5.69% first-year return on $79,950 initial cash invested.

5.69%

Cash On Cash

8.04%

Cap Rate

1.34

DSCR

$3,168

Rent

$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,168 income − $2,789 expenses = $379 cash flow

Income$3,168Mortgage P&I$1,47146%Property Taxes$1384%Insurance$1033%Management$38012%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34811%Cash Flow$379

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,168

Total Expenses

$2,789

Mortgage P&I

46%

$1,471

Property Taxes

4%

$138

Home Insurance

3%

$103

HOA

0%

$0

Property Management

12%

$380

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$348

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