REI Lense

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$2,022 (target)

35833 LAKESHORE DRIVE, Dade City, FL 33525

3 beds • 2 baths • 1469 sqft

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This property looks like a bad Long-Term investment with a projected -18.91% first-year return on $103k initial cash invested.

-18.91%

Cash On Cash

2.38%

Cap Rate

0.39

DSCR

$2,022

Rent

-$1,625

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,022 income − $3,647 expenses = $1,625 out of pocket

Income$2,022Out of Pocket$1,625Mortgage P&I$2,497123%Property Taxes$44322%Insurance$1829%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

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Purchase Price

$491k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$98,200

Closing costs

1%

$4,910

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,022

Total Expenses

$3,647

Mortgage P&I

123%

$2,497

Property Taxes

22%

$443

Home Insurance

9%

$182

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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