REI Lense

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$2,193 (target)

1011 Gum Spring Ct, Ruskin, FL 33570

3 beds • 2 baths • 1328 sqft

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This property might be a fair Long-Term investment with a projected 0.33% first-year return on $61,948 initial cash invested.

0.33%

Cash On Cash

6.44%

Cap Rate

1.09

DSCR

$2,193

Rent

$17

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,193 income − $2,176 expenses = $17 cash flow

Income$2,193Mortgage P&I$1,45566%Property Taxes$392%Insurance$1035%HOA$8Management$21910%CapEx$1105%Vacancy$1326%Maintenance$1105%Cash Flow$17

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,948

Downpayment

20%

$58,998

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,193

Total Expenses

$2,176

Mortgage P&I

66%

$1,455

Property Taxes

2%

$39

Home Insurance

5%

$103

HOA

0%

$8

Property Management

10%

$219

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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