REI Lense

REI Lense

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$1,967 (target)

1315 Whittier St, Inverness, FL 34450

3 beds • 2 baths • 1570 sqft

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This property looks like a bad Long-Term investment with a projected -7.33% first-year return on $58,590 initial cash invested.

-7.33%

Cash On Cash

5.03%

Cap Rate

0.82

DSCR

$1,967

Rent

-$358

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,967 income − $2,325 expenses = $358 out of pocket

Income$1,967Out of Pocket$358Mortgage P&I$1,42973%Property Taxes$28314%Insurance$1025%Management$19710%CapEx$985%Vacancy$1186%Maintenance$985%

Investment Breakdown

|

Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,590

Downpayment

20%

$55,800

Closing costs

1%

$2,790

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,967

Total Expenses

$2,325

Mortgage P&I

73%

$1,429

Property Taxes

14%

$283

Home Insurance

5%

$102

HOA

0%

$0

Property Management

10%

$197

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

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