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$1,935 (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 Long-Term investment with a projected -14.93% first-year return on $70,560 initial cash invested.

-14.93%

Cash On Cash

3.61%

Cap Rate

0.56

DSCR

$1,935

Rent

-$878

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,935 income − $2,813 expenses = $878 out of pocket

Income$1,935Out of Pocket$878Mortgage P&I$1,79293%Property Taxes$21511%Insurance$1226%HOA$1809%Management$19410%CapEx$975%Vacancy$1166%Maintenance$975%

Investment Breakdown

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Purchase Price

$336k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,560

Downpayment

20%

$67,200

Closing costs

1%

$3,360

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,935

Total Expenses

$2,813

Mortgage P&I

93%

$1,792

Property Taxes

11%

$215

Home Insurance

6%

$122

HOA

9%

$180

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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