REI Lense

REI Lense

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$3,231 (target)

1500 S Prescott Ave, Clearwater, FL 33756

3 beds • 2 baths • 1612 sqft

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This property looks like a bad Long-Term investment with a projected -7.39% first-year return on $94,941 initial cash invested.

-7.39%

Cash On Cash

4.7%

Cap Rate

0.81

DSCR

$3,231

Rent

-$585

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$452k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,941

Downpayment

20%

$90,420

Closing costs

1%

$4,521

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,231

Total Expenses

$3,816

Mortgage P&I

68%

$2,193

Property Taxes

19%

$618

Home Insurance

5%

$164

HOA

0%

$0

Property Management

10%

$323

CapEx

5%

$162

Vacancy

6%

$194

Maintenance

5%

$162

Other

0%

$0

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