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3604 Welsch Way, Lakeland, FL 33813

3 beds • 2 baths • 1859 sqft

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This property might be a fair Mid-Term investment with a projected 3.23% first-year return on $99,648 initial cash invested.

3.23%

Cash On Cash

7.15%

Cap Rate

1.22

DSCR

$3,936

Rent

$268

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,648

Downpayment

20%

$77,760

Closing costs

1%

$3,888

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,936

Total Expenses

$3,668

Mortgage P&I

48%

$1,890

Property Taxes

7%

$280

Home Insurance

4%

$138

HOA

1%

$23

Property Management

12%

$472

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$433

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