REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,077 (target)

135 ASHLEY LAKE Drive, Melrose, FL 32666

3 beds • 3 baths • 2220 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.71% first-year return on $99,186 initial cash invested.

2.71%

Cash On Cash

7.75%

Cap Rate

1.18

DSCR

$4,077

Rent

$224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,077 income − $3,853 expenses = $224 cash flow

Income$4,077Mortgage P&I$2,11052%Property Taxes$2135%Insurance$1403%HOA$5Management$48912%CapEx$1634%Vacancy$1223%Maintenance$1634%Other$44811%Cash Flow$224

Investment Breakdown

|

Purchase Price

$387k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,186

Downpayment

20%

$77,320

Closing costs

1%

$3,866

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,077

Total Expenses

$3,853

Mortgage P&I

52%

$2,110

Property Taxes

5%

$213

Home Insurance

3%

$140

HOA

0%

$5

Property Management

12%

$489

CapEx

4%

$163

Vacancy

3%

$122

Maintenance

4%

$163

Other

11%

$448

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis