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$1,885 (target)

511 Kennedy Dr, Lake Alfred, FL 33850

3 beds • 2 baths • 1484 sqft

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This property looks like a bad Long-Term investment with a projected -5.97% first-year return on $52,500 initial cash invested.

-5.97%

Cash On Cash

5.46%

Cap Rate

0.87

DSCR

$1,885

Rent

-$261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,885 income − $2,146 expenses = $261 out of pocket

Income$1,885Out of Pocket$261Mortgage P&I$1,30569%Property Taxes$23512%Insurance$885%HOA$292%Management$18810%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,885

Total Expenses

$2,146

Mortgage P&I

69%

$1,305

Property Taxes

12%

$235

Home Insurance

5%

$88

HOA

2%

$29

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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