REI Lense

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$2,709 (target)

1542 LAKEVIEW ROAD, Clearwater, FL 33756

3 beds • 2 baths • 1350 sqft

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This property might be a fair Long-Term investment with a projected 1.4% first-year return on $68,733 initial cash invested.

1.4%

Cash On Cash

6.89%

Cap Rate

1.13

DSCR

$2,709

Rent

$80

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,709 income − $2,629 expenses = $80 cash flow

Income$2,709Mortgage P&I$1,66361%Property Taxes$1435%Insurance$1194%Management$27110%CapEx$1355%Vacancy$1636%Maintenance$1355%Cash Flow$80

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,733

Downpayment

20%

$65,460

Closing costs

1%

$3,273

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,709

Total Expenses

$2,629

Mortgage P&I

61%

$1,663

Property Taxes

5%

$143

Home Insurance

4%

$119

HOA

0%

$0

Property Management

10%

$271

CapEx

5%

$135

Vacancy

6%

$163

Maintenance

5%

$135

Other

0%

$0

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