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75 NW 3rd St, Homestead, FL 33030

3 beds • 2 baths • 1520 sqft

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This property might be a fair Mid-Term investment with a projected 6.85% first-year return on $96,750 initial cash invested.

6.85%

Cash On Cash

8.26%

Cap Rate

1.4

DSCR

$4,706

Rent

$552

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,706

Total Expenses

$4,154

Mortgage P&I

39%

$1,840

Property Taxes

12%

$581

Home Insurance

3%

$133

HOA

0%

$0

Property Management

12%

$565

CapEx

4%

$188

Vacancy

3%

$141

Maintenance

4%

$188

Other

11%

$518

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