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802 Johnson Ave, Lakeland, FL 33801

2 beds • 2 baths • 1470 sqft

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This property looks like a bad Long-Term investment with a projected -18.91% first-year return on $91,182 initial cash invested.

-18.91%

Cash On Cash

2.12%

Cap Rate

0.36

DSCR

$1,680

Rent

-$1,437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,182

Downpayment

20%

$86,840

Closing costs

1%

$4,342

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,680

Total Expenses

$3,117

Mortgage P&I

126%

$2,120

Property Taxes

24%

$402

Home Insurance

9%

$158

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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Comparable Property

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2

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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