REI Lense

REI Lense

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$3,280 (target)

1011 State Ave, Lehigh Acres, FL 33972

3 beds • 3 baths • 1750 sqft

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This property looks like a bad Mid-Term investment with a projected -0.79% first-year return on $104k initial cash invested.

-0.79%

Cash On Cash

6.2%

Cap Rate

1.03

DSCR

$3,280

Rent

-$68

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$408k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,520

Closing costs

1%

$4,076

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,280

Total Expenses

$3,348

Mortgage P&I

62%

$2,044

Property Taxes

1%

$46

Home Insurance

4%

$143

HOA

0%

$0

Property Management

12%

$394

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$361

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