REI Lense

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$4,750 (target)

1020 Harbor Town Dr, Venice, FL 34292

3 beds • 3 baths • 1850 sqft

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This property might be a fair Mid-Term investment with a projected 8.32% first-year return on $95,490 initial cash invested.

8.32%

Cash On Cash

8.69%

Cap Rate

1.47

DSCR

$4,750

Rent

$662

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,750 income − $4,088 expenses = $662 cash flow

Income$4,750Mortgage P&I$1,82038%Property Taxes$2004%Insurance$1293%HOA$3257%Management$57012%CapEx$1904%Vacancy$1423%Maintenance$1904%Other$52211%Cash Flow$662

Investment Breakdown

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Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,490

Downpayment

20%

$73,800

Closing costs

1%

$3,690

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,750

Total Expenses

$4,088

Mortgage P&I

38%

$1,820

Property Taxes

4%

$200

Home Insurance

3%

$129

HOA

7%

$325

Property Management

12%

$570

CapEx

4%

$190

Vacancy

3%

$142

Maintenance

4%

$190

Other

11%

$522

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