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$2,210 (target)

24541 LAUREL RIDGE DRIVE, Lutz, FL 33559

3 beds • 2 baths • 1394 sqft

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This property looks like a bad Long-Term investment with a projected -14.34% first-year return on $84,000 initial cash invested.

-14.34%

Cash On Cash

3.48%

Cap Rate

0.56

DSCR

$2,210

Rent

-$1,004

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,210 income − $3,214 expenses = $1,004 out of pocket

Income$2,210Out of Pocket$1,004Mortgage P&I$2,05393%Property Taxes$42419%Insurance$1406%HOA$231%Management$22110%CapEx$1105%Vacancy$1336%Maintenance$1105%

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,000

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,210

Total Expenses

$3,214

Mortgage P&I

93%

$2,053

Property Taxes

19%

$424

Home Insurance

6%

$140

HOA

1%

$23

Property Management

10%

$221

CapEx

5%

$110

Vacancy

6%

$133

Maintenance

5%

$110

Other

0%

$0

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