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$7,755 (target)

99 Palm Dr, Key West, FL 33040

3 beds • 2 baths • 1404 sqft

$1,202,500

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This property looks like a bad Mid-Term investment with a projected -8.38% first-year return on $271k initial cash invested.

-8.38%

Cash On Cash

4.54%

Cap Rate

0.74

DSCR

$7,755

Rent

-$1,890

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,755 income − $9,645 expenses = $1,890 out of pocket

Income$7,755Out of Pocket$1,890Mortgage P&I$6,13179%Property Taxes$4396%Insurance$4386%Management$93112%CapEx$3104%Vacancy$2333%Maintenance$3104%Other$85311%

Investment Breakdown

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Purchase Price

$1203k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$271k

Downpayment

20%

$241k

Closing costs

1%

$12,025

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,755

Total Expenses

$9,645

Mortgage P&I

79%

$6,131

Property Taxes

6%

$439

Home Insurance

6%

$438

HOA

0%

$0

Property Management

12%

$931

CapEx

4%

$310

Vacancy

3%

$233

Maintenance

4%

$310

Other

11%

$853

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