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2609 Timbercreek Loop W, Lakeland, FL 33805

3 beds • 2 baths • 1222 sqft

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This property looks like a bad Long-Term investment with a projected -10.76% first-year return on $65,100 initial cash invested.

-10.76%

Cash On Cash

3.94%

Cap Rate

0.67

DSCR

$1,780

Rent

-$584

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,100

Downpayment

20%

$62,000

Closing costs

1%

$3,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,780

Total Expenses

$2,364

Mortgage P&I

85%

$1,514

Property Taxes

16%

$279

Home Insurance

6%

$108

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

Distance

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2

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2

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0.9 mi

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$2,850

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4

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0.6 mi

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2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

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