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$2,300 (target)

6105 KITERIDGE DRIVE, Lithia, FL 33547

3 beds • 2 baths • 1475 sqft

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This property looks like a bad Long-Term investment with a projected -11.18% first-year return on $66,654 initial cash invested.

-11.18%

Cash On Cash

4.33%

Cap Rate

0.69

DSCR

$2,300

Rent

-$621

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,300 income − $2,921 expenses = $621 out of pocket

Income$2,300Out of Pocket$621Mortgage P&I$1,65172%Property Taxes$54824%Insurance$1145%HOA$10Management$23010%CapEx$1155%Vacancy$1386%Maintenance$1155%

Investment Breakdown

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Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,654

Downpayment

20%

$63,480

Closing costs

1%

$3,174

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,300

Total Expenses

$2,921

Mortgage P&I

72%

$1,651

Property Taxes

24%

$548

Home Insurance

5%

$114

HOA

0%

$10

Property Management

10%

$230

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

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