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$4,530 (target)

275 Catfish Creek Rd, Lake Placid, FL 33852

3 beds • 4 baths • 2833 sqft

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This property looks like a bad Mid-Term investment with a projected -17.06% first-year return on $226k initial cash invested.

-17.06%

Cash On Cash

2.87%

Cap Rate

0.44

DSCR

$4,530

Rent

-$3,212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,530 income − $7,742 expenses = $3,212 out of pocket

Income$4,530Out of Pocket$3,212Mortgage P&I$5,397119%Property Taxes$45910%Insurance$3468%Management$54412%CapEx$1814%Vacancy$1363%Maintenance$1814%Other$49811%

Investment Breakdown

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Purchase Price

$990k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$226k

Downpayment

20%

$198k

Closing costs

1%

$9,899

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,530

Total Expenses

$7,742

Mortgage P&I

119%

$5,397

Property Taxes

10%

$459

Home Insurance

8%

$346

HOA

0%

$0

Property Management

12%

$544

CapEx

4%

$181

Vacancy

3%

$136

Maintenance

4%

$181

Other

11%

$498

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