REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,799 (target)

1004 Spindle Palm Way, Apollo Beach, FL 33572

3 beds • 2 baths • 1458 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.21% first-year return on $116k initial cash invested.

-7.21%

Cash On Cash

4.85%

Cap Rate

0.82

DSCR

$3,799

Rent

-$695

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,799 income − $4,494 expenses = $695 out of pocket

Income$3,799Out of Pocket$695Mortgage P&I$2,73172%Property Taxes$55515%Insurance$2206%Management$38010%CapEx$1905%Vacancy$2286%Maintenance$1905%

Investment Breakdown

|

Purchase Price

$551k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$110k

Closing costs

1%

$5,506

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,799

Total Expenses

$4,494

Mortgage P&I

72%

$2,731

Property Taxes

15%

$555

Home Insurance

6%

$220

HOA

0%

$0

Property Management

10%

$380

CapEx

5%

$190

Vacancy

6%

$228

Maintenance

5%

$190

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis