REI Lense

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$2,046 (target)

1221 Longville Cir, Tavares, FL 32778

3 beds • 2 baths • 1818 sqft

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This property looks like a bad Long-Term investment with a projected -12.63% first-year return on $68,292 initial cash invested.

-12.63%

Cash On Cash

3.66%

Cap Rate

0.62

DSCR

$2,046

Rent

-$719

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,046 income − $2,765 expenses = $719 out of pocket

Income$2,046Out of Pocket$719Mortgage P&I$1,60879%Property Taxes$45822%Insurance$1176%HOA$502%Management$20510%CapEx$1025%Vacancy$1236%Maintenance$1025%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,292

Downpayment

20%

$65,040

Closing costs

1%

$3,252

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,046

Total Expenses

$2,765

Mortgage P&I

79%

$1,608

Property Taxes

22%

$458

Home Insurance

6%

$117

HOA

2%

$50

Property Management

10%

$205

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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