REI Lense

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$2,177 (target)

7050 Scenic Hills Blvd, Lakeland, FL 33810

3 beds • 2 baths • 1608 sqft

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This property looks like a bad Long-Term investment with a projected -9.36% first-year return on $77,301 initial cash invested.

-9.36%

Cash On Cash

4.31%

Cap Rate

0.73

DSCR

$2,177

Rent

-$603

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,177 income − $2,780 expenses = $603 out of pocket

Income$2,177Out of Pocket$603Mortgage P&I$1,81583%Property Taxes$27012%Insurance$1226%HOA$6Management$21810%CapEx$1095%Vacancy$1316%Maintenance$1095%

Investment Breakdown

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Purchase Price

$368k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,301

Downpayment

20%

$73,620

Closing costs

1%

$3,681

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,177

Total Expenses

$2,780

Mortgage P&I

83%

$1,815

Property Taxes

12%

$270

Home Insurance

6%

$122

HOA

0%

$6

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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