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$2,172 (target)

2215 EMMA STREET, Lakeland, FL 33815

3 beds • 2 baths • 984 sqft

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This property might be a fair Mid-Term investment with a projected 4.09% first-year return on $59,790 initial cash invested.

4.09%

Cash On Cash

8.35%

Cap Rate

1.27

DSCR

$2,172

Rent

$204

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,172 income − $1,968 expenses = $204 cash flow

Income$2,172Mortgage P&I$1,09450%Property Taxes$653%Insurance$703%Management$26112%CapEx$874%Vacancy$653%Maintenance$874%Other$23911%Cash Flow$204

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,790

Downpayment

20%

$39,800

Closing costs

1%

$1,990

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,172

Total Expenses

$1,968

Mortgage P&I

50%

$1,094

Property Taxes

3%

$65

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$261

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$239

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