REI Lense

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$1,842 (target)

630 E Thelma St, Lake Alfred, FL 33850

3 beds • 2 baths • 1689 sqft

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This property looks like a bad Long-Term investment with a projected -12.77% first-year return on $67,179 initial cash invested.

-12.77%

Cash On Cash

3.68%

Cap Rate

0.61

DSCR

$1,842

Rent

-$715

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,842 income − $2,557 expenses = $715 out of pocket

Income$1,842Out of Pocket$715Mortgage P&I$1,60587%Property Taxes$35919%Insurance$1146%Management$18410%CapEx$925%Vacancy$1116%Maintenance$925%

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,179

Downpayment

20%

$63,980

Closing costs

1%

$3,199

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,842

Total Expenses

$2,557

Mortgage P&I

87%

$1,605

Property Taxes

19%

$359

Home Insurance

6%

$114

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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