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$2,283 (target)

7905 CHARING CROSS WAY, Palmetto, FL 34221

3 beds • 2 baths • 1647 sqft

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This property looks like a bad Long-Term investment with a projected -9.52% first-year return on $68,943 initial cash invested.

-9.52%

Cash On Cash

4.6%

Cap Rate

0.74

DSCR

$2,283

Rent

-$547

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,283 income − $2,830 expenses = $547 out of pocket

Income$2,283Out of Pocket$547Mortgage P&I$1,69174%Property Taxes$32714%Insurance$1195%HOA$1004%Management$22810%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,943

Downpayment

20%

$65,660

Closing costs

1%

$3,283

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,283

Total Expenses

$2,830

Mortgage P&I

74%

$1,691

Property Taxes

14%

$327

Home Insurance

5%

$119

HOA

4%

$100

Property Management

10%

$228

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

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