REI Lense

REI Lense

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$4,190 (target)

11607 Grove Arcade Dr, Riverview, FL 33569

3 beds • 2 baths • 2337 sqft

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This property looks like a bad Mid-Term investment with a projected -4.94% first-year return on $119k initial cash invested.

-4.94%

Cash On Cash

5.15%

Cap Rate

0.86

DSCR

$4,190

Rent

-$492

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,190 income − $4,682 expenses = $492 out of pocket

Income$4,190Out of Pocket$492Mortgage P&I$2,39857%Property Taxes$63315%Insurance$1754%HOA$501%Management$50312%CapEx$1684%Vacancy$1263%Maintenance$1684%Other$46111%

Investment Breakdown

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Purchase Price

$483k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,660

Closing costs

1%

$4,833

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,190

Total Expenses

$4,682

Mortgage P&I

57%

$2,398

Property Taxes

15%

$633

Home Insurance

4%

$175

HOA

1%

$50

Property Management

12%

$503

CapEx

4%

$168

Vacancy

3%

$126

Maintenance

4%

$168

Other

11%

$461

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