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$6,282 (target)

806 Minnesota Street, Lantana, FL 33462

3 beds • 3 baths • 2258 sqft

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This property might be a fair Mid-Term investment with a projected 8.62% first-year return on $119k initial cash invested.

8.62%

Cash On Cash

8.87%

Cap Rate

1.45

DSCR

$6,282

Rent

$858

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,282 income − $5,424 expenses = $858 cash flow

Income$6,282Mortgage P&I$2,46439%Property Taxes$65110%Insurance$1743%Management$75412%CapEx$2514%Vacancy$1883%Maintenance$2514%Other$69111%Cash Flow$858

Investment Breakdown

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Purchase Price

$483k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,640

Closing costs

1%

$4,832

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$6,282

Total Expenses

$5,424

Mortgage P&I

39%

$2,464

Property Taxes

10%

$651

Home Insurance

3%

$174

HOA

0%

$0

Property Management

12%

$754

CapEx

4%

$251

Vacancy

3%

$188

Maintenance

4%

$251

Other

11%

$691

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