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$2,961 (target)

6008 Swallow Dr, Lakeland, FL 33809

3 beds • 2 baths • 1857 sqft

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This property looks like a bad Mid-Term investment with a projected -6.87% first-year return on $94,713 initial cash invested.

-6.87%

Cash On Cash

4.63%

Cap Rate

0.77

DSCR

$2,961

Rent

-$542

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,961 income − $3,503 expenses = $542 out of pocket

Income$2,961Out of Pocket$542Mortgage P&I$1,83362%Property Taxes$38313%Insurance$1314%HOA$1505%Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32611%

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,713

Downpayment

20%

$73,060

Closing costs

1%

$3,653

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,961

Total Expenses

$3,503

Mortgage P&I

62%

$1,833

Property Taxes

13%

$383

Home Insurance

4%

$131

HOA

5%

$150

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$326

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