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$7,122 (target)

714 S Atlantic Drive, Lantana, FL 33462

3 beds • 3 baths • 3607 sqft

$3,212,000

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This property looks like a bad Long-Term investment with a projected -24.63% first-year return on $675k initial cash invested.

-24.63%

Cash On Cash

1.1%

Cap Rate

0.18

DSCR

$7,122

Rent

-$13,846

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,122 income − $20,968 expenses = $13,846 out of pocket

Income$7,122Out of Pocket$13,846Mortgage P&I$16,431231%Property Taxes$1,46121%Insurance$1,22517%Management$71210%CapEx$3565%Vacancy$4276%Maintenance$3565%

Investment Breakdown

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Purchase Price

$3212k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$675k

Downpayment

20%

$642k

Closing costs

1%

$32,120

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,122

Total Expenses

$20,968

Mortgage P&I

231%

$16,431

Property Taxes

21%

$1,461

Home Insurance

17%

$1,225

HOA

0%

$0

Property Management

10%

$712

CapEx

5%

$356

Vacancy

6%

$427

Maintenance

5%

$356

Other

0%

$0

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