REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,573 (target)

16353 Redington Dr, Redington Beach, FL 33708

3 beds • 3 baths • 2098 sqft

$1,550,000

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -15.89% first-year return on $344k initial cash invested.

-15.89%

Cash On Cash

2.71%

Cap Rate

0.45

DSCR

$6,573

Rent

-$4,549

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,573 income − $11,122 expenses = $4,549 out of pocket

Income$6,573Out of Pocket$4,549Mortgage P&I$7,792119%Property Taxes$5538%Insurance$5428%Management$78912%CapEx$2634%Vacancy$1973%Maintenance$2634%Other$72311%

Investment Breakdown

|

Purchase Price

$1550k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$344k

Downpayment

20%

$310k

Closing costs

1%

$15,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,573

Total Expenses

$11,122

Mortgage P&I

119%

$7,792

Property Taxes

8%

$553

Home Insurance

8%

$542

HOA

0%

$0

Property Management

12%

$789

CapEx

4%

$263

Vacancy

3%

$197

Maintenance

4%

$263

Other

11%

$723

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis