REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,972 (target)

1206 Par View Dr, Sanibel, FL 33957

3 beds • 2 baths • 2117 sqft

Email

This property looks like a bad Long-Term investment with a projected -5.86% first-year return on $199k initial cash invested.

-5.86%

Cash On Cash

5.29%

Cap Rate

0.87

DSCR

$6,972

Rent

-$969

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,972 income − $7,941 expenses = $969 out of pocket

Income$6,972Out of Pocket$969Mortgage P&I$4,78869%Property Taxes$93813%Insurance$4026%Management$69710%CapEx$3495%Vacancy$4186%Maintenance$3495%

Investment Breakdown

|

Purchase Price

$946k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$199k

Downpayment

20%

$189k

Closing costs

1%

$9,456

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,972

Total Expenses

$7,941

Mortgage P&I

69%

$4,788

Property Taxes

13%

$938

Home Insurance

6%

$402

HOA

0%

$0

Property Management

10%

$697

CapEx

5%

$349

Vacancy

6%

$418

Maintenance

5%

$349

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis