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$2,902 (target)

24242 E BELLE MEDE DRIVE, Leesburg, FL 34748

3 beds • 2 baths • 1728 sqft

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This property looks like a bad Mid-Term investment with a projected -5.33% first-year return on $88,560 initial cash invested.

-5.33%

Cash On Cash

5.41%

Cap Rate

0.85

DSCR

$2,902

Rent

-$393

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,902 income − $3,295 expenses = $393 out of pocket

Income$2,902Out of Pocket$393Mortgage P&I$1,79262%Property Taxes$2157%Insurance$1224%HOA$1806%Management$34812%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31911%

Investment Breakdown

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Purchase Price

$336k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,560

Downpayment

20%

$67,200

Closing costs

1%

$3,360

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,902

Total Expenses

$3,295

Mortgage P&I

62%

$1,792

Property Taxes

7%

$215

Home Insurance

4%

$122

HOA

6%

$180

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

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