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$3,424 (target)

7905 CHARING CROSS WAY, Palmetto, FL 34221

3 beds • 2 baths • 1647 sqft

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This property might be a fair Mid-Term investment with a projected 0.3% first-year return on $86,943 initial cash invested.

0.3%

Cash On Cash

6.76%

Cap Rate

1.09

DSCR

$3,424

Rent

$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,424 income − $3,402 expenses = $22 cash flow

Income$3,424Mortgage P&I$1,69149%Property Taxes$32710%Insurance$1193%HOA$1003%Management$41112%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37711%Cash Flow$22

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,943

Downpayment

20%

$65,660

Closing costs

1%

$3,283

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,424

Total Expenses

$3,402

Mortgage P&I

49%

$1,691

Property Taxes

10%

$327

Home Insurance

3%

$119

HOA

3%

$100

Property Management

12%

$411

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$377

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