REI Lense

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$4,232 (target)

1601 AVOCA DRIVE, Tarpon Springs, FL 34689

3 beds • 2 baths • 1556 sqft

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This property looks like a bad Mid-Term investment with a projected -0.72% first-year return on $114k initial cash invested.

-0.72%

Cash On Cash

6.49%

Cap Rate

1.04

DSCR

$4,232

Rent

-$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,232 income − $4,301 expenses = $69 out of pocket

Income$4,232Out of Pocket$69Mortgage P&I$2,38356%Property Taxes$3137%Insurance$1664%Management$50812%CapEx$1694%Vacancy$1273%Maintenance$1694%Other$46611%

Investment Breakdown

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Purchase Price

$459k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,760

Closing costs

1%

$4,588

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,232

Total Expenses

$4,301

Mortgage P&I

56%

$2,383

Property Taxes

7%

$313

Home Insurance

4%

$166

HOA

0%

$0

Property Management

12%

$508

CapEx

4%

$169

Vacancy

3%

$127

Maintenance

4%

$169

Other

11%

$466

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