REI Lense

REI Lense

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$3,340 (target)

12014 Vermillion Way, Riverview, FL 33569

3 beds • 2 baths • 1306 sqft

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This property might be a fair Mid-Term investment with a projected 0.93% first-year return on $86,124 initial cash invested.

0.93%

Cash On Cash

6.6%

Cap Rate

1.13

DSCR

$3,340

Rent

$67

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$324k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,124

Downpayment

20%

$64,880

Closing costs

1%

$3,244

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,340

Total Expenses

$3,273

Mortgage P&I

47%

$1,582

Property Taxes

13%

$439

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$367

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