REI Lense

REI Lense

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$1,428 (target)

1132 Kentucky Ave, Clewiston, FL 33440

3 beds • 2 baths • 1064 sqft

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This property looks like a bad Long-Term investment with a projected -1.92% first-year return on $36,183 initial cash invested.

-1.92%

Cash On Cash

6.18%

Cap Rate

1.01

DSCR

$1,428

Rent

-$58

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,428 income − $1,486 expenses = $58 out of pocket

Income$1,428Out of Pocket$58Mortgage P&I$87561%Property Taxes$19614%Insurance$443%Management$14310%CapEx$715%Vacancy$866%Maintenance$715%

Investment Breakdown

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Purchase Price

$172k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,183

Downpayment

20%

$34,460

Closing costs

1%

$1,723

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,428

Total Expenses

$1,486

Mortgage P&I

61%

$875

Property Taxes

14%

$196

Home Insurance

3%

$44

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$71

Vacancy

6%

$86

Maintenance

5%

$71

Other

0%

$0

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