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$3,489 (target)

916 E Choctawhatchee Dr, Niceville, FL 32578

3 beds • 3 baths • 2715 sqft

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This property looks like a bad Long-Term investment with a projected -15.9% first-year return on $158k initial cash invested.

-15.9%

Cash On Cash

3.06%

Cap Rate

0.5

DSCR

$3,489

Rent

-$2,087

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,489 income − $5,576 expenses = $2,087 out of pocket

Income$3,489Out of Pocket$2,087Mortgage P&I$3,828110%Property Taxes$58017%Insurance$2628%Management$34910%CapEx$1745%Vacancy$2096%Maintenance$1745%

Investment Breakdown

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Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$150k

Closing costs

1%

$7,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,489

Total Expenses

$5,576

Mortgage P&I

110%

$3,828

Property Taxes

17%

$580

Home Insurance

8%

$262

HOA

0%

$0

Property Management

10%

$349

CapEx

5%

$174

Vacancy

6%

$209

Maintenance

5%

$174

Other

0%

$0

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