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$3,450 (target)

6105 KITERIDGE DRIVE, Lithia, FL 33547

3 beds • 2 baths • 1475 sqft

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This property looks like a bad Mid-Term investment with a projected -0.67% first-year return on $84,654 initial cash invested.

-0.67%

Cash On Cash

6.59%

Cap Rate

1.06

DSCR

$3,450

Rent

-$47

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,450 income − $3,497 expenses = $47 out of pocket

Income$3,450Out of Pocket$47Mortgage P&I$1,65148%Property Taxes$54816%Insurance$1143%HOA$10Management$41412%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38011%

Investment Breakdown

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Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,654

Downpayment

20%

$63,480

Closing costs

1%

$3,174

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,450

Total Expenses

$3,497

Mortgage P&I

48%

$1,651

Property Taxes

16%

$548

Home Insurance

3%

$114

HOA

0%

$10

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$380

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