REI Lense

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$3,639 (target)

3125 N Canterbury Lake Dr, Hernando, FL 34442

3 beds • 2 baths • 1726 sqft

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This property might be a fair Mid-Term investment with a projected 5.76% first-year return on $89,736 initial cash invested.

5.76%

Cash On Cash

7.95%

Cap Rate

1.34

DSCR

$3,639

Rent

$431

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,639 income − $3,208 expenses = $431 cash flow

Income$3,639Mortgage P&I$1,68746%Property Taxes$1183%Insurance$1223%HOA$431%Management$43712%CapEx$1464%Vacancy$1093%Maintenance$1464%Other$40011%Cash Flow$431

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,736

Downpayment

20%

$68,320

Closing costs

1%

$3,416

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,639

Total Expenses

$3,208

Mortgage P&I

46%

$1,687

Property Taxes

3%

$118

Home Insurance

3%

$122

HOA

1%

$43

Property Management

12%

$437

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$400

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