REI Lense

REI Lense

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$4,682 (target)

1565 Connecticut Ave NE, Saint Petersburg, FL 33703

3 beds • 2 baths • 1272 sqft

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This property could be a profitable Mid-Term investment with a projected 12.41% first-year return on $89,316 initial cash invested.

12.41%

Cash On Cash

9.96%

Cap Rate

1.65

DSCR

$4,682

Rent

$924

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,316

Downpayment

20%

$67,920

Closing costs

1%

$3,396

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,682

Total Expenses

$3,758

Mortgage P&I

36%

$1,707

Property Taxes

7%

$338

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$562

CapEx

4%

$187

Vacancy

3%

$140

Maintenance

4%

$187

Other

11%

$515

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