REI Lense

REI Lense

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$5,660 (target)

1250 Belmore Ter, Wellington, FL 33414

3 beds • 2 baths • 1386 sqft

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This property looks like a bad Mid-Term investment with a projected -0.55% first-year return on $145k initial cash invested.

-0.55%

Cash On Cash

6.21%

Cap Rate

1.05

DSCR

$5,660

Rent

-$67

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$606k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$121k

Closing costs

1%

$6,055

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,660

Total Expenses

$5,727

Mortgage P&I

53%

$2,975

Property Taxes

11%

$611

Home Insurance

4%

$217

HOA

0%

$0

Property Management

12%

$679

CapEx

4%

$226

Vacancy

3%

$170

Maintenance

4%

$226

Other

11%

$623

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