REI Lense

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$1,544 (target)

8038 N Maltese Dr, Citrus Springs, FL 34433

3 beds • 2 baths • 1529 sqft

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This property looks like a bad Long-Term investment with a projected -7.21% first-year return on $57,750 initial cash invested.

-7.21%

Cash On Cash

4.83%

Cap Rate

0.8

DSCR

$1,544

Rent

-$347

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,544 income − $1,891 expenses = $347 out of pocket

Income$1,544Out of Pocket$347Mortgage P&I$1,37789%Property Taxes$171%Insurance$966%Management$15410%CapEx$775%Vacancy$936%Maintenance$775%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,544

Total Expenses

$1,891

Mortgage P&I

89%

$1,377

Property Taxes

1%

$17

Home Insurance

6%

$96

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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