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8875 SW 97th Lane Rd UNIT E, Ocala, FL 34481

2 beds • 2 baths • 1230 sqft

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This property looks like a bad Long-Term investment with a projected -12.78% first-year return on $29,379 initial cash invested.

-12.78%

Cash On Cash

4.36%

Cap Rate

$1,530

Rent

-$313

Cashflow

-8.72

Cach on Cash

4.92%

Cap Rate

$3.477

Rent

-%822

Cashflow

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Investment Breakdown

Financing

Purchase Price

$140k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,379

Downpayment

20%

$27,980

Closing costs

1%

$1,399

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,530

Total Expenses

$1,843

Mortgage P&I

49%

$745

Property Taxes

12%

$185

Home Insurance

3%

$49

HOA

31%

$467

PManagement

10%

$153

CapEx

5%

$76

Vacancy

6%

$92

Maintenance

5%

$76

Other

0%

$0

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