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1990 Lake Point Ln, Tallahassee, FL 32310

3 beds • 2 baths • 1536 sqft

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This property looks like a bad Long-Term investment with a projected -13.09% first-year return on $76,020 initial cash invested.

-13.09%

Cash On Cash

3.3%

Cap Rate

0.58

DSCR

$1,920

Rent

-$829

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$362k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,020

Downpayment

20%

$72,400

Closing costs

1%

$3,620

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,920

Total Expenses

$2,749

Mortgage P&I

90%

$1,729

Property Taxes

20%

$391

Home Insurance

7%

$130

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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