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113 Anderson St, Lake Placid, FL 33852

3 beds • 2 baths • 816 sqft

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This property could be a profitable Long-Term investment with a projected 20.97% first-year return on $19,173 initial cash invested.

20.97%

Cash On Cash

11.3%

Cap Rate

1.86

DSCR

$1,261

Rent

$335

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$91,300

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$19,173

Downpayment

20%

$18,260

Closing costs

1%

$913

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,261

Total Expenses

$926

Mortgage P&I

37%

$462

Property Taxes

6%

$80

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$126

CapEx

5%

$63

Vacancy

6%

$76

Maintenance

5%

$63

Other

0%

$0

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