REI Lense

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$3,174 (target)

11578 New Haven Dr, Spring Hill, FL 34609

3 beds • 2 baths • 1970 sqft

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This property looks like a bad Mid-Term investment with a projected -5.13% first-year return on $79,026 initial cash invested.

-5.13%

Cash On Cash

5.24%

Cap Rate

0.86

DSCR

$3,174

Rent

-$338

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,174 income − $3,512 expenses = $338 out of pocket

Income$3,174Out of Pocket$338Mortgage P&I$1,47947%Property Taxes$40613%Insurance$1053%HOA$44314%Management$38112%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34911%

Investment Breakdown

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Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,026

Downpayment

20%

$58,120

Closing costs

1%

$2,906

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,174

Total Expenses

$3,512

Mortgage P&I

47%

$1,479

Property Taxes

13%

$406

Home Insurance

3%

$105

HOA

14%

$443

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$349

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