REI Lense

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$3,402 (target)

13382 Northumberland Circle, Wellington, FL 33414

3 beds • 2 baths • 2237 sqft

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This property looks like a bad Long-Term investment with a projected -12.81% first-year return on $121k initial cash invested.

-12.81%

Cash On Cash

3.58%

Cap Rate

0.61

DSCR

$3,402

Rent

-$1,289

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,402 income − $4,691 expenses = $1,289 out of pocket

Income$3,402Out of Pocket$1,289Mortgage P&I$2,83383%Property Taxes$74622%Insurance$2287%Management$34010%CapEx$1705%Vacancy$2046%Maintenance$1705%

Investment Breakdown

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Purchase Price

$575k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$115k

Closing costs

1%

$5,752

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,402

Total Expenses

$4,691

Mortgage P&I

83%

$2,833

Property Taxes

22%

$746

Home Insurance

7%

$228

HOA

0%

$0

Property Management

10%

$340

CapEx

5%

$170

Vacancy

6%

$204

Maintenance

5%

$170

Other

0%

$0

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