REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,500 (target)

10422 MEDJOOL DRIVE, Venice, FL 34293

3 beds • 4 baths • 2386 sqft

Email

This property looks like a bad Mid-Term investment with a projected -12.73% first-year return on $223k initial cash invested.

-12.73%

Cash On Cash

3.93%

Cap Rate

0.6

DSCR

$6,500

Rent

-$2,363

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,500 income − $8,863 expenses = $2,363 out of pocket

Income$6,500Out of Pocket$2,363Mortgage P&I$5,29781%Property Taxes$5058%Insurance$3415%HOA$5108%Management$78012%CapEx$2604%Vacancy$1953%Maintenance$2604%Other$71511%

Investment Breakdown

|

Purchase Price

$975k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$223k

Downpayment

20%

$195k

Closing costs

1%

$9,750

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,500

Total Expenses

$8,863

Mortgage P&I

81%

$5,297

Property Taxes

8%

$505

Home Insurance

5%

$341

HOA

8%

$510

Property Management

12%

$780

CapEx

4%

$260

Vacancy

3%

$195

Maintenance

4%

$260

Other

11%

$715

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis