How do I make something follow my mouse after spawning by my character?

I want to make a projectile that goes where my mouse is pointing, but I when I try a lerp, the part doesn't move.

Here's what I tried.

player = game.Players.LocalPlayer
mouse = player:GetMouse()

mouse.KeyDown:Connect(function(key)
	if key == "g" and player.Name == "bearpro2" then
		local target = mouse.hit
		projectile = game.ReplicatedStorage.ownerProjectile:Clone()
		projectile.CFrame = player.Character.Torso.CFrame
		projectile.Parent = game.Workspace
		for i=0,1,0.001 do
 			wait()
 			projectile.CFrame = projectile.CFrame:lerp(target.CFrame,0.5)
		end
	end
end)