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7121 Scenic Hills Blvd, Lakeland, FL 33810

3 beds • 2 baths • 1531 sqft

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This property looks like a bad Long-Term investment with a projected -3.16% first-year return on $52,017 initial cash invested.

-3.16%

Cash On Cash

5.84%

Cap Rate

0.97

DSCR

$1,890

Rent

-$137

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$248k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,017

Downpayment

20%

$49,540

Closing costs

1%

$2,477

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,890

Total Expenses

$2,027

Mortgage P&I

66%

$1,248

Property Taxes

10%

$195

Home Insurance

5%

$88

HOA

0%

$6

Property Management

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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Comparable Property

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2

1

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

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4

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