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$5,956 (target)

89 FOREST SPRING Drive, Ponte Vedra, FL 32081

3 beds • 3 baths • 1975 sqft

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This property might be a fair Mid-Term investment with a projected 1.02% first-year return on $130k initial cash invested.

1.02%

Cash On Cash

6.88%

Cap Rate

1.13

DSCR

$5,956

Rent

$111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,956 income − $5,845 expenses = $111 cash flow

Income$5,956Mortgage P&I$2,72346%Property Taxes$64211%Insurance$2104%HOA$2454%Management$71512%CapEx$2384%Vacancy$1793%Maintenance$2384%Other$65511%Cash Flow$111

Investment Breakdown

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Purchase Price

$536k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,356

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,956

Total Expenses

$5,845

Mortgage P&I

46%

$2,723

Property Taxes

11%

$642

Home Insurance

4%

$210

HOA

4%

$245

Property Management

12%

$715

CapEx

4%

$238

Vacancy

3%

$179

Maintenance

4%

$238

Other

11%

$655

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