922 MARTIN LUTHER KING BOULEVARD NE, Winter Haven, FL 33881
3 beds • 2 baths • 1160 sqft
$208,400
View on ZillowThis property looks like a bad Long-Term investment with a projected -9.87% first-year return on $43,764 initial cash invested.
-9.87%
Cash On Cash
5.07%
Cap Rate
0.76
DSCR
$1,557
Rent
-$360
Cashflow
Cash Flow
$1,557 income − $1,917 expenses = $360 out of pocket
Investment Breakdown
|
Purchase Price
$208k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,764
Downpayment
20%
$41,680
Closing costs
1%
$2,084
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,557
Total Expenses
$1,917
Mortgage P&I
75%
$1,162
Property Taxes
18%
$276
Home Insurance
5%
$74
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0