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$2,630 (target)

1639 Spring Lake Rd, Fruitland Park, FL 34731

3 beds • 2 baths • 1455 sqft

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This property might be a fair Mid-Term investment with a projected 1.1% first-year return on $80,580 initial cash invested.

1.1%

Cash On Cash

6.59%

Cap Rate

1.12

DSCR

$2,630

Rent

$74

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,630 income − $2,556 expenses = $74 cash flow

Income$2,630Mortgage P&I$1,45755%Property Taxes$1014%Insurance$1044%Management$31612%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28911%Cash Flow$74

Investment Breakdown

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Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,580

Downpayment

20%

$59,600

Closing costs

1%

$2,980

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,630

Total Expenses

$2,556

Mortgage P&I

55%

$1,457

Property Taxes

4%

$101

Home Insurance

4%

$104

HOA

0%

$0

Property Management

12%

$316

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$289

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