REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

3061 Waterway Dr, Lake Placid, FL 33852

3 beds • 2 baths • 2181 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.12% first-year return on $136k initial cash invested.

-13.12%

Cash On Cash

3.46%

Cap Rate

0.58

DSCR

$3,187

Rent

-$1,485

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$647k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$129k

Closing costs

1%

$6,469

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,187

Total Expenses

$4,672

Mortgage P&I

100%

$3,190

Property Taxes

13%

$420

Home Insurance

7%

$234

HOA

0%

$0

Property Management

10%

$319

CapEx

5%

$159

Vacancy

6%

$191

Maintenance

5%

$159

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis