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$7,059 (target)

8807 WELLESLY COURT, Odessa, FL 33556

3 beds • 3 baths • 2289 sqft

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This property might be a fair Mid-Term investment with a projected 0.75% first-year return on $156k initial cash invested.

0.75%

Cash On Cash

7.23%

Cap Rate

1.11

DSCR

$7,059

Rent

$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,059 income − $6,962 expenses = $97 cash flow

Income$7,059Mortgage P&I$3,57051%Property Taxes$75711%Insurance$2363%Management$84712%CapEx$2824%Vacancy$2123%Maintenance$2824%Other$77611%Cash Flow$97

Investment Breakdown

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Purchase Price

$655k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$156k

Downpayment

20%

$131k

Closing costs

1%

$6,550

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$7,059

Total Expenses

$6,962

Mortgage P&I

51%

$3,570

Property Taxes

11%

$757

Home Insurance

3%

$236

HOA

0%

$0

Property Management

12%

$847

CapEx

4%

$282

Vacancy

3%

$212

Maintenance

4%

$282

Other

11%

$776

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