REI Lense

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$3,183 (target)

15747 Scrimshaw Dr, Tampa, FL 33624

3 beds • 2 baths • 1545 sqft

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This property looks like a bad Mid-Term investment with a projected -9.75% first-year return on $132k initial cash invested.

-9.75%

Cash On Cash

3.87%

Cap Rate

0.65

DSCR

$3,183

Rent

-$1,069

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,183 income − $4,252 expenses = $1,069 out of pocket

Income$3,183Out of Pocket$1,069Mortgage P&I$2,68884%Property Taxes$2799%Insurance$1966%HOA$8Management$38212%CapEx$1274%Vacancy$953%Maintenance$1274%Other$35011%

Investment Breakdown

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Purchase Price

$541k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$108k

Closing costs

1%

$5,407

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,183

Total Expenses

$4,252

Mortgage P&I

84%

$2,688

Property Taxes

9%

$279

Home Insurance

6%

$196

HOA

0%

$8

Property Management

12%

$382

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$350

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