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$2,778 (target)

722 E Concordia Ave, Clewiston, FL 33440

3 beds • 2 baths • 1484 sqft

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This property looks like a bad Mid-Term investment with a projected -2.39% first-year return on $90,723 initial cash invested.

-2.39%

Cash On Cash

5.84%

Cap Rate

0.96

DSCR

$2,778

Rent

-$181

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,778 income − $2,959 expenses = $181 out of pocket

Income$2,778Out of Pocket$181Mortgage P&I$1,75663%Property Taxes$1375%Insurance$1224%Management$33312%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30611%

Investment Breakdown

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Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,723

Downpayment

20%

$69,260

Closing costs

1%

$3,463

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,778

Total Expenses

$2,959

Mortgage P&I

63%

$1,756

Property Taxes

5%

$137

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$333

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$306

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