REI Lense

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$1,942 (target)

3914 Derby Dr, Lakeland, FL 33809

3 beds • 2 baths • 1828 sqft

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This property looks like a bad Long-Term investment with a projected -10.79% first-year return on $70,308 initial cash invested.

-10.79%

Cash On Cash

4.11%

Cap Rate

0.68

DSCR

$1,942

Rent

-$632

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,942 income − $2,574 expenses = $632 out of pocket

Income$1,942Out of Pocket$632Mortgage P&I$1,68187%Property Taxes$24913%Insurance$1357%HOA$4Management$19410%CapEx$975%Vacancy$1176%Maintenance$975%

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,308

Downpayment

20%

$66,960

Closing costs

1%

$3,348

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,942

Total Expenses

$2,574

Mortgage P&I

87%

$1,681

Property Taxes

13%

$249

Home Insurance

7%

$135

HOA

0%

$4

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$117

Maintenance

5%

$97

Other

0%

$0

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