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1557 Kinsman Way, Lakeland, FL 33809

3 beds • 3 baths • 1952 sqft

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This property might be a fair Mid-Term investment with a projected 1.27% first-year return on $89,862 initial cash invested.

1.27%

Cash On Cash

6.61%

Cap Rate

1.13

DSCR

$3,159

Rent

$95

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,862

Downpayment

20%

$68,440

Closing costs

1%

$3,422

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,159

Total Expenses

$3,064

Mortgage P&I

53%

$1,663

Property Taxes

6%

$176

Home Insurance

4%

$136

HOA

1%

$16

Property Management

12%

$379

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$347

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