REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,943 (target)

1541 Gardenton St NW, Palm Bay, FL 32907

3 beds • 2 baths • 1808 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.89% first-year return on $85,872 initial cash invested.

1.89%

Cash On Cash

6.87%

Cap Rate

1.16

DSCR

$2,943

Rent

$135

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,943 income − $2,808 expenses = $135 cash flow

Income$2,943Mortgage P&I$1,59654%Property Taxes$953%Insurance$1164%Management$35312%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%Cash Flow$135

Investment Breakdown

|

Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,872

Downpayment

20%

$64,640

Closing costs

1%

$3,232

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,943

Total Expenses

$2,808

Mortgage P&I

54%

$1,596

Property Taxes

3%

$95

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis