REI Lense

REI Lense

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$3,136 (target)

108 70TH STREET NW, Bradenton, FL 34209

3 beds • 2 baths • 1741 sqft

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This property looks like a bad Long-Term investment with a projected -8.42% first-year return on $111k initial cash invested.

-8.42%

Cash On Cash

4.61%

Cap Rate

0.77

DSCR

$3,136

Rent

-$777

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,136 income − $3,913 expenses = $777 out of pocket

Income$3,136Out of Pocket$777Mortgage P&I$2,64884%Property Taxes$2518%Insurance$1856%HOA$13Management$31410%CapEx$1575%Vacancy$1886%Maintenance$1575%

Investment Breakdown

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Purchase Price

$528k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$106k

Closing costs

1%

$5,275

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,136

Total Expenses

$3,913

Mortgage P&I

84%

$2,648

Property Taxes

8%

$251

Home Insurance

6%

$185

HOA

0%

$13

Property Management

10%

$314

CapEx

5%

$157

Vacancy

6%

$188

Maintenance

5%

$157

Other

0%

$0

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