REI Lense

REI Lense

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$2,598 (target)

146 Kings Pond Ave, Winter Haven, FL 33880

3 beds • 2 baths • 1228 sqft

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This property might be a fair Mid-Term investment with a projected 2.25% first-year return on $70,521 initial cash invested.

2.25%

Cash On Cash

7.18%

Cap Rate

1.19

DSCR

$2,598

Rent

$132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,521

Downpayment

20%

$50,020

Closing costs

1%

$2,501

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,598

Total Expenses

$2,466

Mortgage P&I

49%

$1,260

Property Taxes

8%

$212

Home Insurance

4%

$93

HOA

1%

$17

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

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