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$3,228 (target)

5442 Placid Lakes Blvd, Lake Placid, FL 33852

3 beds • 2 baths • 1294 sqft

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This property might be a fair Mid-Term investment with a projected 8.79% first-year return on $78,879 initial cash invested.

8.79%

Cash On Cash

8.85%

Cap Rate

1.49

DSCR

$3,228

Rent

$578

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,228 income − $2,650 expenses = $578 cash flow

Income$3,228Mortgage P&I$1,43044%Property Taxes$191%Insurance$1023%HOA$2Management$38712%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%Cash Flow$578

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,879

Downpayment

20%

$57,980

Closing costs

1%

$2,899

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,228

Total Expenses

$2,650

Mortgage P&I

44%

$1,430

Property Taxes

1%

$19

Home Insurance

3%

$102

HOA

0%

$2

Property Management

12%

$387

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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