REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,142 (target)

1040 81st St Ocean, Marathon, FL 33050

3 beds • 2 baths • 1945 sqft

$1,308,900

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -16.2% first-year return on $293k initial cash invested.

-16.2%

Cash On Cash

2.7%

Cap Rate

0.44

DSCR

$6,142

Rent

-$3,953

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,142 income − $10,095 expenses = $3,953 out of pocket

Income$6,142Out of Pocket$3,953Mortgage P&I$6,654108%Property Taxes$89415%Insurance$4587%Management$73712%CapEx$2464%Vacancy$1843%Maintenance$2464%Other$67611%

Investment Breakdown

|

Purchase Price

$1309k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$293k

Downpayment

20%

$262k

Closing costs

1%

$13,089

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,142

Total Expenses

$10,095

Mortgage P&I

108%

$6,654

Property Taxes

15%

$894

Home Insurance

7%

$458

HOA

0%

$0

Property Management

12%

$737

CapEx

4%

$246

Vacancy

3%

$184

Maintenance

4%

$246

Other

11%

$676

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis