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$3,358 (target)

19227 Cherrystone Way #104, Lakewood Ranch, FL 34211

3 beds • 2 baths • 1741 sqft

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This property looks like a bad Long-Term investment with a projected -15.53% first-year return on $96,284 initial cash invested.

-15.53%

Cash On Cash

3.1%

Cap Rate

0.52

DSCR

$3,358

Rent

-$1,246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,358 income − $4,604 expenses = $1,246 out of pocket

Income$3,358Out of Pocket$1,246Mortgage P&I$2,26167%Property Taxes$56217%Insurance$1605%HOA$74822%Management$33610%CapEx$1685%Vacancy$2016%Maintenance$1685%

Investment Breakdown

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Purchase Price

$458k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,284

Downpayment

20%

$91,699

Closing costs

1%

$4,585

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,358

Total Expenses

$4,604

Mortgage P&I

67%

$2,261

Property Taxes

17%

$562

Home Insurance

5%

$160

HOA

22%

$748

Property Management

10%

$336

CapEx

5%

$168

Vacancy

6%

$201

Maintenance

5%

$168

Other

0%

$0

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