REI Lense

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$3,018 (target)

1505 LAKE THOMAS LOOP, Winter Haven, FL 33880

3 beds • 2 baths • 2116 sqft

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This property might be a fair Mid-Term investment with a projected 0.9% first-year return on $86,880 initial cash invested.

0.9%

Cash On Cash

6.9%

Cap Rate

1.11

DSCR

$3,018

Rent

$65

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,018 income − $2,953 expenses = $65 cash flow

Income$3,018Mortgage P&I$1,70156%Property Taxes$1084%Insurance$1174%Management$36212%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33211%Cash Flow$65

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,880

Downpayment

20%

$65,600

Closing costs

1%

$3,280

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,018

Total Expenses

$2,953

Mortgage P&I

56%

$1,701

Property Taxes

4%

$108

Home Insurance

4%

$117

HOA

0%

$0

Property Management

12%

$362

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$332

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