REI Lense

REI Lense

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$5,110 (target)

1211 16th Ave N, Saint Petersburg, FL 33704

3 beds • 2 baths • 1338 sqft

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This property looks like a bad Mid-Term investment with a projected -6.06% first-year return on $185k initial cash invested.

-6.06%

Cash On Cash

4.84%

Cap Rate

0.81

DSCR

$5,110

Rent

-$934

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$795k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$185k

Downpayment

20%

$159k

Closing costs

1%

$7,950

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,110

Total Expenses

$6,044

Mortgage P&I

77%

$3,939

Property Taxes

2%

$91

Home Insurance

5%

$278

HOA

0%

$0

Property Management

12%

$613

CapEx

4%

$204

Vacancy

3%

$153

Maintenance

4%

$204

Other

11%

$562

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