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$2,998 (target)

7603 DEVONBRIDGE GARDEN WAY, Apollo Beach, FL 33572

3 beds • 2 baths • 1176 sqft

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This property looks like a bad Mid-Term investment with a projected -0.9% first-year return on $76,275 initial cash invested.

-0.9%

Cash On Cash

6.49%

Cap Rate

1.04

DSCR

$2,998

Rent

-$57

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,998 income − $3,055 expenses = $57 out of pocket

Income$2,998Out of Pocket$57Mortgage P&I$1,43848%Property Taxes$48716%Insurance$1003%HOA$10Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%

Investment Breakdown

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Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,275

Downpayment

20%

$55,500

Closing costs

1%

$2,775

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,998

Total Expenses

$3,055

Mortgage P&I

48%

$1,438

Property Taxes

16%

$487

Home Insurance

3%

$100

HOA

0%

$10

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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