REI Lense

REI Lense

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$5,251 (target)

1160 Kinglet Terrace, Wellington, FL 33414

3 beds • 2 baths • 2061 sqft

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This property looks like a bad Long-Term investment with a projected -4.18% first-year return on $133k initial cash invested.

-4.18%

Cash On Cash

5.67%

Cap Rate

0.94

DSCR

$5,251

Rent

-$464

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,251 income − $5,715 expenses = $464 out of pocket

Income$5,251Out of Pocket$464Mortgage P&I$3,20461%Property Taxes$91717%Insurance$2284%Management$52510%CapEx$2635%Vacancy$3156%Maintenance$2635%

Investment Breakdown

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Purchase Price

$635k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$127k

Closing costs

1%

$6,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,251

Total Expenses

$5,715

Mortgage P&I

61%

$3,204

Property Taxes

17%

$917

Home Insurance

4%

$228

HOA

0%

$0

Property Management

10%

$525

CapEx

5%

$263

Vacancy

6%

$315

Maintenance

5%

$263

Other

0%

$0

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