REI Lense

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$3,286 (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 Long-Term investment with a projected -16.36% first-year return on $134k initial cash invested.

-16.36%

Cash On Cash

2.78%

Cap Rate

0.47

DSCR

$3,286

Rent

-$1,832

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,286 income − $5,118 expenses = $1,832 out of pocket

Income$3,286Out of Pocket$1,832Mortgage P&I$3,15196%Property Taxes$66420%Insurance$2247%HOA$2257%Management$32910%CapEx$1645%Vacancy$1976%Maintenance$1645%

Investment Breakdown

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Purchase Price

$640k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$128k

Closing costs

1%

$6,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,286

Total Expenses

$5,118

Mortgage P&I

96%

$3,151

Property Taxes

20%

$664

Home Insurance

7%

$224

HOA

7%

$225

Property Management

10%

$329

CapEx

5%

$164

Vacancy

6%

$197

Maintenance

5%

$164

Other

0%

$0

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