REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,020 (target)

275 Catfish Creek Rd, Lake Placid, FL 33852

3 beds • 4 baths • 2833 sqft

Email

This property looks like a bad Long-Term investment with a projected -22.9% first-year return on $208k initial cash invested.

-22.9%

Cash On Cash

1.92%

Cap Rate

0.29

DSCR

$3,020

Rent

-$3,967

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,020 income − $6,987 expenses = $3,967 out of pocket

Income$3,020Out of Pocket$3,967Mortgage P&I$5,397179%Property Taxes$45915%Insurance$34611%Management$30210%CapEx$1515%Vacancy$1816%Maintenance$1515%

Investment Breakdown

|

Purchase Price

$990k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$208k

Downpayment

20%

$198k

Closing costs

1%

$9,899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,020

Total Expenses

$6,987

Mortgage P&I

179%

$5,397

Property Taxes

15%

$459

Home Insurance

11%

$346

HOA

0%

$0

Property Management

10%

$302

CapEx

5%

$151

Vacancy

6%

$181

Maintenance

5%

$151

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis