REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,309 (target)

6005 Ike Smith Rd, Plant City, FL 33565

3 beds • 2 baths • 1695 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.5% first-year return on $93,723 initial cash invested.

-10.5%

Cash On Cash

4.22%

Cap Rate

0.69

DSCR

$2,309

Rent

-$820

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,309 income − $3,129 expenses = $820 out of pocket

Income$2,309Out of Pocket$820Mortgage P&I$2,27699%Property Taxes$954%Insurance$1587%Management$23110%CapEx$1155%Vacancy$1396%Maintenance$1155%

Investment Breakdown

|

Purchase Price

$446k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,723

Downpayment

20%

$89,260

Closing costs

1%

$4,463

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,309

Total Expenses

$3,129

Mortgage P&I

99%

$2,276

Property Taxes

4%

$95

Home Insurance

7%

$158

HOA

0%

$0

Property Management

10%

$231

CapEx

5%

$115

Vacancy

6%

$139

Maintenance

5%

$115

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis