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$2,836 (target)

413 SIERRA MIKE BOULEVARD, Lake Alfred, FL 33850

3 beds • 2 baths • 1591 sqft

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This property looks like a bad Mid-Term investment with a projected -0.49% first-year return on $74,133 initial cash invested.

-0.49%

Cash On Cash

6.55%

Cap Rate

1.06

DSCR

$2,836

Rent

-$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,836 income − $2,866 expenses = $30 out of pocket

Income$2,836Out of Pocket$30Mortgage P&I$1,37649%Property Taxes$38013%Insurance$943%HOA$532%Management$34012%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31211%

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,133

Downpayment

20%

$53,460

Closing costs

1%

$2,673

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,836

Total Expenses

$2,866

Mortgage P&I

49%

$1,376

Property Taxes

13%

$380

Home Insurance

3%

$94

HOA

2%

$53

Property Management

12%

$340

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$312

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