REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,702 (target)

1288 Waterway Cove Drive, Wellington, FL 33414

3 beds • 2 baths • 1449 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.95% first-year return on $122k initial cash invested.

-0.95%

Cash On Cash

6.28%

Cap Rate

1.04

DSCR

$4,702

Rent

-$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,702 income − $4,799 expenses = $97 out of pocket

Income$4,702Out of Pocket$97Mortgage P&I$2,49853%Property Taxes$49010%Insurance$1734%HOA$401%Management$56412%CapEx$1884%Vacancy$1413%Maintenance$1884%Other$51711%

Investment Breakdown

|

Purchase Price

$495k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,000

Closing costs

1%

$4,950

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,702

Total Expenses

$4,799

Mortgage P&I

53%

$2,498

Property Taxes

10%

$490

Home Insurance

4%

$173

HOA

1%

$40

Property Management

12%

$564

CapEx

4%

$188

Vacancy

3%

$141

Maintenance

4%

$188

Other

11%

$517

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis