6504 CARRINGTON SKY DRIVE, Apollo Beach, FL 33572
3 beds • 2 baths • 2658 sqft
$525,300
View on ZillowThis property looks like a bad Long-Term investment with a projected -20.92% first-year return on $110k initial cash invested.
-20.92%
Cash On Cash
2.23%
Cap Rate
0.35
DSCR
$2,731
Rent
-$1,923
Cashflow
Cash Flow
$2,731 income − $4,654 expenses = $1,923 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$105k
Closing costs
1%
$5,253
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,731
Total Expenses
$4,654
Mortgage P&I
101%
$2,760
Property Taxes
35%
$955
Home Insurance
8%
$219
HOA
0%
$9
Property Management
10%
$273
CapEx
5%
$137
Vacancy
6%
$164
Maintenance
5%
$137
Other
0%
$0