REI Lense

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$4,204 (target)

15691 MEACHAM CIRCLE, Port Charlotte, FL 33981

3 beds • 2 baths • 2302 sqft

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This property looks like a bad Long-Term investment with a projected -14.83% first-year return on $171k initial cash invested.

-14.83%

Cash On Cash

3.53%

Cap Rate

0.56

DSCR

$4,204

Rent

-$2,114

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,204 income − $6,318 expenses = $2,114 out of pocket

Income$4,204Out of Pocket$2,114Mortgage P&I$4,302102%Property Taxes$62715%Insurance$2977%Management$42010%CapEx$2105%Vacancy$2526%Maintenance$2105%

Investment Breakdown

|

Purchase Price

$815k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$171k

Downpayment

20%

$163k

Closing costs

1%

$8,146

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,204

Total Expenses

$6,318

Mortgage P&I

102%

$4,302

Property Taxes

15%

$627

Home Insurance

7%

$297

HOA

0%

$0

Property Management

10%

$420

CapEx

5%

$210

Vacancy

6%

$252

Maintenance

5%

$210

Other

0%

$0

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