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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 Long-Term investment with a projected -9.91% first-year return on $62,979 initial cash invested.

-9.91%

Cash On Cash

4.07%

Cap Rate

0.7

DSCR

$1,680

Rent

-$520

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

$62,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,680

Total Expenses

$2,200

Mortgage P&I

87%

$1,454

Property Taxes

12%

$204

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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