REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,250 (target)

16117 Herons View DR, Alva, FL 33920

3 beds • 3 baths • 2913 sqft

Email

This property looks like a bad Mid-Term investment with a projected -9.96% first-year return on $183k initial cash invested.

-9.96%

Cash On Cash

4.08%

Cap Rate

0.68

DSCR

$6,250

Rent

-$1,517

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,250 income − $7,767 expenses = $1,517 out of pocket

Income$6,250Out of Pocket$1,517Mortgage P&I$3,93263%Property Taxes$4407%Insurance$2895%HOA$98016%Management$75012%CapEx$2504%Vacancy$1883%Maintenance$2504%Other$68811%

Investment Breakdown

|

Purchase Price

$785k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$183k

Downpayment

20%

$157k

Closing costs

1%

$7,847

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,250

Total Expenses

$7,767

Mortgage P&I

63%

$3,932

Property Taxes

7%

$440

Home Insurance

5%

$289

HOA

16%

$980

Property Management

12%

$750

CapEx

4%

$250

Vacancy

3%

$188

Maintenance

4%

$250

Other

11%

$688

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis