REI Lense

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$2,859 (target)

1636 WILSON PRAIRIE CIRCLE, Groveland, FL 34736

3 beds • 2 baths • 1983 sqft

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This property looks like a bad Long-Term investment with a projected -12.53% first-year return on $95,571 initial cash invested.

-12.53%

Cash On Cash

4.09%

Cap Rate

0.64

DSCR

$2,859

Rent

-$998

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,859 income − $3,857 expenses = $998 out of pocket

Income$2,859Out of Pocket$998Mortgage P&I$2,40784%Property Taxes$44516%Insurance$1636%HOA$983%Management$28610%CapEx$1435%Vacancy$1726%Maintenance$1435%

Investment Breakdown

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Purchase Price

$455k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,571

Downpayment

20%

$91,020

Closing costs

1%

$4,551

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,859

Total Expenses

$3,857

Mortgage P&I

84%

$2,407

Property Taxes

16%

$445

Home Insurance

6%

$163

HOA

3%

$98

Property Management

10%

$286

CapEx

5%

$143

Vacancy

6%

$172

Maintenance

5%

$143

Other

0%

$0

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