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$3,201 (target)

716 E 24th St, Lynn Haven, FL 32444

3 beds • 2 baths • 1370 sqft

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This property might be a fair Mid-Term investment with a projected 8.89% first-year return on $72,600 initial cash invested.

8.89%

Cash On Cash

9.21%

Cap Rate

1.5

DSCR

$3,201

Rent

$538

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,201 income − $2,663 expenses = $538 cash flow

Income$3,201Mortgage P&I$1,33042%Property Taxes$1515%Insurance$943%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%Cash Flow$538

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,201

Total Expenses

$2,663

Mortgage P&I

42%

$1,330

Property Taxes

5%

$151

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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