REI Lense

REI Lense

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$2,194 (target)

1554 Sarah St, Lake Wales, FL 33898

3 beds • 2 baths • 936 sqft

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This property could be a profitable Mid-Term investment with a projected 13.66% first-year return on $46,560 initial cash invested.

13.66%

Cash On Cash

11.59%

Cap Rate

1.89

DSCR

$2,194

Rent

$530

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$136k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,560

Downpayment

20%

$27,200

Closing costs

1%

$1,360

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,194

Total Expenses

$1,664

Mortgage P&I

32%

$696

Property Taxes

7%

$157

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$263

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$241

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