REI Lense

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$4,281 (target)

1628 S HIGHLAND AVENUE, Clearwater, FL 33756

3 beds • 2 baths • 1645 sqft

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This property might be a fair Mid-Term investment with a projected 0.06% first-year return on $107k initial cash invested.

0.06%

Cash On Cash

6.66%

Cap Rate

1.08

DSCR

$4,281

Rent

$5

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,281 income − $4,276 expenses = $5 cash flow

Income$4,281Mortgage P&I$2,16951%Property Taxes$49812%Insurance$1544%Management$51412%CapEx$1714%Vacancy$1283%Maintenance$1714%Other$47111%Cash Flow$5

Investment Breakdown

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Purchase Price

$423k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,500

Closing costs

1%

$4,225

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,281

Total Expenses

$4,276

Mortgage P&I

51%

$2,169

Property Taxes

12%

$498

Home Insurance

4%

$154

HOA

0%

$0

Property Management

12%

$514

CapEx

4%

$171

Vacancy

3%

$128

Maintenance

4%

$171

Other

11%

$471

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