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$3,333 (target)

7689 SW 24TH LANE, Gainesville, FL 32608

3 beds • 2 baths • 1455 sqft

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This property looks like a bad Mid-Term investment with a projected -2.22% first-year return on $79,488 initial cash invested.

-2.22%

Cash On Cash

6.04%

Cap Rate

0.99

DSCR

$3,333

Rent

-$147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,333 income − $3,480 expenses = $147 out of pocket

Income$3,333Out of Pocket$147Mortgage P&I$1,48845%Property Taxes$48815%Insurance$1053%HOA$2668%Management$40012%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36711%

Investment Breakdown

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Purchase Price

$293k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,488

Downpayment

20%

$58,560

Closing costs

1%

$2,928

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,333

Total Expenses

$3,480

Mortgage P&I

45%

$1,488

Property Taxes

15%

$488

Home Insurance

3%

$105

HOA

8%

$266

Property Management

12%

$400

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$367

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