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$7,648 (target)

1664 Lakeview Pl, Englewood, FL 34223

3 beds • 3 baths • 1803 sqft

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This property could be a profitable Mid-Term investment with a projected 40.11% first-year return on $88,833 initial cash invested.

40.11%

Cash On Cash

17.55%

Cap Rate

2.97

DSCR

$7,648

Rent

$2,969

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,648 income − $4,679 expenses = $2,969 cash flow

Income$7,648Mortgage P&I$1,65922%Property Taxes$2844%Insurance$1362%Management$91812%CapEx$3064%Vacancy$2293%Maintenance$3064%Other$84111%Cash Flow$2,969

Investment Breakdown

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Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,833

Downpayment

20%

$67,460

Closing costs

1%

$3,373

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$7,648

Total Expenses

$4,679

Mortgage P&I

22%

$1,659

Property Taxes

4%

$284

Home Insurance

2%

$136

HOA

0%

$0

Property Management

12%

$918

CapEx

4%

$306

Vacancy

3%

$229

Maintenance

4%

$306

Other

11%

$841

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