REI Lense

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$5,046 (target)

16 Citrus Dr, Palm Harbor, FL 34684

3 beds • 2 baths • 1642 sqft

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This property looks like a bad Mid-Term investment with a projected -1.01% first-year return on $128k initial cash invested.

-1.01%

Cash On Cash

6.18%

Cap Rate

1.04

DSCR

$5,046

Rent

-$108

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,046 income − $5,154 expenses = $108 out of pocket

Income$5,046Out of Pocket$108Mortgage P&I$2,61252%Property Taxes$63413%Insurance$1924%Management$60612%CapEx$2024%Vacancy$1513%Maintenance$2024%Other$55511%

Investment Breakdown

|

Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,253

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,046

Total Expenses

$5,154

Mortgage P&I

52%

$2,612

Property Taxes

13%

$634

Home Insurance

4%

$192

HOA

0%

$0

Property Management

12%

$606

CapEx

4%

$202

Vacancy

3%

$151

Maintenance

4%

$202

Other

11%

$555

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