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$3,578 (target)

7123 48TH AVENUE E, Palmetto, FL 34221

3 beds • 2 baths • 1671 sqft

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This property might be a fair Mid-Term investment with a projected 0.98% first-year return on $92,802 initial cash invested.

0.98%

Cash On Cash

7%

Cap Rate

1.12

DSCR

$3,578

Rent

$76

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,578 income − $3,502 expenses = $76 cash flow

Income$3,578Mortgage P&I$1,86052%Property Taxes$2447%Insurance$1294%HOA$531%Management$42912%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39411%Cash Flow$76

Investment Breakdown

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Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,802

Downpayment

20%

$71,240

Closing costs

1%

$3,562

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,578

Total Expenses

$3,502

Mortgage P&I

52%

$1,860

Property Taxes

7%

$244

Home Insurance

4%

$129

HOA

1%

$53

Property Management

12%

$429

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$394

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