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19507 Highway 60 E, Lake Wales, FL 33898

3 beds • 2 baths • 1404 sqft

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This property looks like a bad Mid-Term investment with a projected -1.48% first-year return on $80,979 initial cash invested.

-1.48%

Cash On Cash

5.82%

Cap Rate

1

DSCR

$2,520

Rent

-$100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,520

Total Expenses

$2,620

Mortgage P&I

58%

$1,454

Property Taxes

8%

$204

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$302

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$277

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