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2 Wildwood Way, Lake Placid, FL 33852

3 beds • 2 baths • 2525 sqft

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This property could be a profitable Mid-Term investment with a projected 12.72% first-year return on $102k initial cash invested.

12.72%

Cash On Cash

9.73%

Cap Rate

1.68

DSCR

$5,724

Rent

$1,082

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$401k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,100

Closing costs

1%

$4,005

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,724

Total Expenses

$4,642

Mortgage P&I

34%

$1,937

Property Taxes

5%

$283

Home Insurance

3%

$147

HOA

6%

$328

Property Management

12%

$687

CapEx

4%

$229

Vacancy

3%

$172

Maintenance

4%

$229

Other

11%

$630

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