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$2,805 (target)

6866 KAPPA PLACE, North Port, FL 34287

3 beds • 2 baths • 1307 sqft

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This property might be a fair Mid-Term investment with a projected 1.15% first-year return on $72,978 initial cash invested.

1.15%

Cash On Cash

6.94%

Cap Rate

1.14

DSCR

$2,805

Rent

$70

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,805 income − $2,735 expenses = $70 cash flow

Income$2,805Mortgage P&I$1,33147%Property Taxes$32912%Insurance$963%HOA$251%Management$33712%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30911%Cash Flow$70

Investment Breakdown

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Purchase Price

$262k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,978

Downpayment

20%

$52,360

Closing costs

1%

$2,618

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,805

Total Expenses

$2,735

Mortgage P&I

47%

$1,331

Property Taxes

12%

$329

Home Insurance

3%

$96

HOA

1%

$25

Property Management

12%

$337

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$309

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