REI Lense

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$2,949 (target)

1234 FLETCHER STREET, Port Charlotte, FL 33952

3 beds • 2 baths • 1659 sqft

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This property looks like a bad Long-Term investment with a projected -4.27% first-year return on $80,955 initial cash invested.

-4.27%

Cash On Cash

5.64%

Cap Rate

0.93

DSCR

$2,949

Rent

-$288

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,949 income − $3,237 expenses = $288 out of pocket

Income$2,949Out of Pocket$288Mortgage P&I$1,95466%Property Taxes$38213%Insurance$1355%Management$29510%CapEx$1475%Vacancy$1776%Maintenance$1475%

Investment Breakdown

|

Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,955

Downpayment

20%

$77,100

Closing costs

1%

$3,855

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,949

Total Expenses

$3,237

Mortgage P&I

66%

$1,954

Property Taxes

13%

$382

Home Insurance

5%

$135

HOA

0%

$0

Property Management

10%

$295

CapEx

5%

$147

Vacancy

6%

$177

Maintenance

5%

$147

Other

0%

$0

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