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$1,892 (target)

708 MADISON Street, Palatka, FL 32177

3 beds • 2 baths • 1002 sqft

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This property might be a fair Mid-Term investment with a projected 0.3% first-year return on $60,000 initial cash invested.

0.3%

Cash On Cash

6.83%

Cap Rate

1.09

DSCR

$1,892

Rent

$15

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,892 income − $1,877 expenses = $15 cash flow

Income$1,892Mortgage P&I$1,04755%Property Taxes$1166%Insurance$704%Management$22712%CapEx$764%Vacancy$573%Maintenance$764%Other$20811%Cash Flow$15

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,892

Total Expenses

$1,877

Mortgage P&I

55%

$1,047

Property Taxes

6%

$116

Home Insurance

4%

$70

HOA

0%

$0

Property Management

12%

$227

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$208

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