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$2,320 (target)

907 NE 24TH STREET, Gainesville, FL 32641

3 beds • 2 baths • 1098 sqft

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This property could be a profitable Mid-Term investment with a projected 11.13% first-year return on $49,479 initial cash invested.

11.13%

Cash On Cash

11.11%

Cap Rate

1.66

DSCR

$2,320

Rent

$459

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,320 income − $1,861 expenses = $459 cash flow

Income$2,320Mortgage P&I$83636%Property Taxes$1848%Insurance$522%Management$27812%CapEx$934%Vacancy$703%Maintenance$934%Other$25511%Cash Flow$459

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,320

Total Expenses

$1,861

Mortgage P&I

36%

$836

Property Taxes

8%

$184

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$278

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$255

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