REI Lense

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$2,063 (target)

215 Lakeshore Dr, Davenport, FL 33837

3 beds • 2 baths • 1504 sqft

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This property looks like a bad Long-Term investment with a projected -12.88% first-year return on $67,095 initial cash invested.

-12.88%

Cash On Cash

3.56%

Cap Rate

0.61

DSCR

$2,063

Rent

-$720

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,063 income − $2,783 expenses = $720 out of pocket

Income$2,063Out of Pocket$720Mortgage P&I$1,56576%Property Taxes$34217%Insurance$1125%HOA$22811%Management$20610%CapEx$1035%Vacancy$1246%Maintenance$1035%

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,095

Downpayment

20%

$63,900

Closing costs

1%

$3,195

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,063

Total Expenses

$2,783

Mortgage P&I

76%

$1,565

Property Taxes

17%

$342

Home Insurance

5%

$112

HOA

11%

$228

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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