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$1,792 (target)

321 SE Andrew Park Dr, Lake City, FL 32025

3 beds • 1 baths • 972 sqft

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This property could be a profitable Long-Term investment with a projected 35.54% first-year return on $21,000 initial cash invested.

35.54%

Cash On Cash

14.93%

Cap Rate

2.34

DSCR

$1,792

Rent

$622

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,792 income − $1,170 expenses = $622 cash flow

Income$1,792Mortgage P&I$53230%Property Taxes$1368%Insurance$352%Management$17910%CapEx$905%Vacancy$1086%Maintenance$905%Cash Flow$622

Investment Breakdown

|

Purchase Price

$100,000

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$21,000

Downpayment

20%

$20,000

Closing costs

1%

$1,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,792

Total Expenses

$1,170

Mortgage P&I

30%

$532

Property Taxes

8%

$136

Home Insurance

2%

$35

HOA

0%

$0

Property Management

10%

$179

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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