REI Lense

REI Lense

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$5,554 (target)

1603 SW Seagull Way, Palm City, FL 34990

3 beds • 2 baths • 1501 sqft

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This property looks like a bad Mid-Term investment with a projected -12.08% first-year return on $215k initial cash invested.

-12.08%

Cash On Cash

3.47%

Cap Rate

0.58

DSCR

$5,554

Rent

-$2,162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$937k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$215k

Downpayment

20%

$187k

Closing costs

1%

$9,366

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,554

Total Expenses

$7,716

Mortgage P&I

84%

$4,651

Property Taxes

15%

$827

Home Insurance

6%

$350

HOA

0%

$0

Property Management

12%

$666

CapEx

4%

$222

Vacancy

3%

$167

Maintenance

4%

$222

Other

11%

$611

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