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$2,929 (target)

5209 LAKE VENICE DRIVE, Wimauma, FL 33598

3 beds • 3 baths • 2634 sqft

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This property looks like a bad Long-Term investment with a projected -20% first-year return on $161k initial cash invested.

-20%

Cash On Cash

2.15%

Cap Rate

0.35

DSCR

$2,929

Rent

-$2,680

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,929 income − $5,609 expenses = $2,680 out of pocket

Income$2,929Out of Pocket$2,680Mortgage P&I$3,909133%Property Taxes$43215%Insurance$28010%HOA$2278%Management$29310%CapEx$1465%Vacancy$1766%Maintenance$1465%

Investment Breakdown

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Purchase Price

$766k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$161k

Downpayment

20%

$153k

Closing costs

1%

$7,658

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,929

Total Expenses

$5,609

Mortgage P&I

133%

$3,909

Property Taxes

15%

$432

Home Insurance

10%

$280

HOA

8%

$227

Property Management

10%

$293

CapEx

5%

$146

Vacancy

6%

$176

Maintenance

5%

$146

Other

0%

$0

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