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$6,352 (target)

8788 DRUMMER PLANK DRIVE, Wesley Chapel, FL 33545

3 beds • 3 baths • 2494 sqft

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This property might be a fair Mid-Term investment with a projected 2.05% first-year return on $126k initial cash invested.

2.05%

Cash On Cash

7.18%

Cap Rate

1.18

DSCR

$6,352

Rent

$215

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,352 income − $6,137 expenses = $215 cash flow

Income$6,352Mortgage P&I$2,60041%Property Taxes$1,05517%Insurance$1843%HOA$1382%Management$76212%CapEx$2544%Vacancy$1913%Maintenance$2544%Other$69911%Cash Flow$215

Investment Breakdown

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Purchase Price

$513k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,126

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$6,352

Total Expenses

$6,137

Mortgage P&I

41%

$2,600

Property Taxes

17%

$1,055

Home Insurance

3%

$184

HOA

2%

$138

Property Management

12%

$762

CapEx

4%

$254

Vacancy

3%

$191

Maintenance

4%

$254

Other

11%

$699

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