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$3,974 (target)

6704 Winterset Gardens Rd, Winter Haven, FL 33884

3 beds • 2 baths • 2418 sqft

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This property looks like a bad Mid-Term investment with a projected -3.51% first-year return on $115k initial cash invested.

-3.51%

Cash On Cash

5.59%

Cap Rate

0.92

DSCR

$3,974

Rent

-$338

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,974 income − $4,312 expenses = $338 out of pocket

Income$3,974Out of Pocket$338Mortgage P&I$2,33959%Property Taxes$44511%Insurance$1694%HOA$8Management$47712%CapEx$1594%Vacancy$1193%Maintenance$1594%Other$43711%

Investment Breakdown

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Purchase Price

$464k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,780

Closing costs

1%

$4,639

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,974

Total Expenses

$4,312

Mortgage P&I

59%

$2,339

Property Taxes

11%

$445

Home Insurance

4%

$169

HOA

0%

$8

Property Management

12%

$477

CapEx

4%

$159

Vacancy

3%

$119

Maintenance

4%

$159

Other

11%

$437

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