REI Lense

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$4,929 (target)

12410 Encore At Ovation Way, Winter Garden, FL 34787

3 beds • 2 baths • 1860 sqft

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This property looks like a bad Mid-Term investment with a projected -7.95% first-year return on $152k initial cash invested.

-7.95%

Cash On Cash

4.38%

Cap Rate

0.74

DSCR

$4,929

Rent

-$1,010

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,929 income − $5,939 expenses = $1,010 out of pocket

Income$4,929Out of Pocket$1,010Mortgage P&I$3,15164%Property Taxes$66413%Insurance$2245%HOA$2255%Management$59112%CapEx$1974%Vacancy$1483%Maintenance$1974%Other$54211%

Investment Breakdown

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Purchase Price

$640k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$128k

Closing costs

1%

$6,400

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,929

Total Expenses

$5,939

Mortgage P&I

64%

$3,151

Property Taxes

13%

$664

Home Insurance

5%

$224

HOA

5%

$225

Property Management

12%

$591

CapEx

4%

$197

Vacancy

3%

$148

Maintenance

4%

$197

Other

11%

$542

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