REI Lense

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$3,603 (target)

9930 Ivory Dr, Ruskin, FL 33573

3 beds • 2 baths • 1732 sqft

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This property might be a fair Mid-Term investment with a projected 4.65% first-year return on $86,523 initial cash invested.

4.65%

Cash On Cash

7.78%

Cap Rate

1.29

DSCR

$3,603

Rent

$335

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,603 income − $3,268 expenses = $335 cash flow

Income$3,603Mortgage P&I$1,63745%Property Taxes$2778%Insurance$1163%HOA$14Management$43212%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39611%Cash Flow$335

Investment Breakdown

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Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,523

Downpayment

20%

$65,260

Closing costs

1%

$3,263

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,603

Total Expenses

$3,268

Mortgage P&I

45%

$1,637

Property Taxes

8%

$277

Home Insurance

3%

$116

HOA

0%

$14

Property Management

12%

$432

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$396

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