REI Lense

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$2,829 (target)

18921 Place Marquette, Lutz, FL 33558

3 beds • 2 baths • 1917 sqft

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This property looks like a bad Long-Term investment with a projected -19.51% first-year return on $126k initial cash invested.

-19.51%

Cash On Cash

2.14%

Cap Rate

0.36

DSCR

$2,829

Rent

-$2,056

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,829 income − $4,885 expenses = $2,056 out of pocket

Income$2,829Out of Pocket$2,056Mortgage P&I$2,988106%Property Taxes$58521%Insurance$2208%HOA$35713%Management$28310%CapEx$1415%Vacancy$1706%Maintenance$1415%

Investment Breakdown

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Purchase Price

$602k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$120k

Closing costs

1%

$6,023

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,829

Total Expenses

$4,885

Mortgage P&I

106%

$2,988

Property Taxes

21%

$585

Home Insurance

8%

$220

HOA

13%

$357

Property Management

10%

$283

CapEx

5%

$141

Vacancy

6%

$170

Maintenance

5%

$141

Other

0%

$0

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