REI Lense

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$2,150 (target)

34704 Radio Rd, Leesburg, FL 34788

3 beds • 2 baths • 1784 sqft

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This property looks like a bad Long-Term investment with a projected -9.28% first-year return on $78,729 initial cash invested.

-9.28%

Cash On Cash

4.38%

Cap Rate

0.73

DSCR

$2,150

Rent

-$609

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,150 income − $2,759 expenses = $609 out of pocket

Income$2,150Out of Pocket$609Mortgage P&I$1,86887%Property Taxes$2009%Insurance$1316%Management$21510%CapEx$1085%Vacancy$1296%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,729

Downpayment

20%

$74,980

Closing costs

1%

$3,749

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,150

Total Expenses

$2,759

Mortgage P&I

87%

$1,868

Property Taxes

9%

$200

Home Insurance

6%

$131

HOA

0%

$0

Property Management

10%

$215

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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