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$4,865 (target)

851 3RD AVENUE S, Tierra Verde, FL 33715

3 beds • 2 baths • 1940 sqft

$1,028,800

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This property looks like a bad Long-Term investment with a projected -14.32% first-year return on $216k initial cash invested.

-14.32%

Cash On Cash

3.29%

Cap Rate

0.55

DSCR

$4,865

Rent

-$2,579

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,865 income − $7,444 expenses = $2,579 out of pocket

Income$4,865Out of Pocket$2,579Mortgage P&I$5,154106%Property Taxes$62013%Insurance$3858%HOA$21Management$48610%CapEx$2435%Vacancy$2926%Maintenance$2435%

Investment Breakdown

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Purchase Price

$1029k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$216k

Downpayment

20%

$206k

Closing costs

1%

$10,288

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,865

Total Expenses

$7,444

Mortgage P&I

106%

$5,154

Property Taxes

13%

$620

Home Insurance

8%

$385

HOA

0%

$21

Property Management

10%

$486

CapEx

5%

$243

Vacancy

6%

$292

Maintenance

5%

$243

Other

0%

$0

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