REI Lense

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$3,290 (target)

1011 Gum Spring Ct, Ruskin, FL 33570

3 beds • 2 baths • 1328 sqft

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This property might be a fair Mid-Term investment with a projected 8.48% first-year return on $79,948 initial cash invested.

8.48%

Cash On Cash

8.75%

Cap Rate

1.48

DSCR

$3,290

Rent

$565

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,290 income − $2,725 expenses = $565 cash flow

Income$3,290Mortgage P&I$1,45544%Property Taxes$391%Insurance$1033%HOA$8Management$39512%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36211%Cash Flow$565

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,948

Downpayment

20%

$58,998

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,290

Total Expenses

$2,725

Mortgage P&I

44%

$1,455

Property Taxes

1%

$39

Home Insurance

3%

$103

HOA

0%

$8

Property Management

12%

$395

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$362

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