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$3,117 (target)

808 E 3rd St, Panama City, FL 32401

3 beds • 3 baths • 1783 sqft

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This property might be a fair Mid-Term investment with a projected 7.19% first-year return on $75,141 initial cash invested.

7.19%

Cash On Cash

8.94%

Cap Rate

1.4

DSCR

$3,117

Rent

$450

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,117 income − $2,667 expenses = $450 cash flow

Income$3,117Mortgage P&I$1,45247%Property Taxes$903%Insurance$642%Management$37412%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34311%Cash Flow$450

Investment Breakdown

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Purchase Price

$272k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,141

Downpayment

20%

$54,420

Closing costs

1%

$2,721

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,117

Total Expenses

$2,667

Mortgage P&I

47%

$1,452

Property Taxes

3%

$90

Home Insurance

2%

$64

HOA

0%

$0

Property Management

12%

$374

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$343

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