REI Lense

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$3,301 (target)

16805 Banner Shell Pl, Wimauma, FL 33598

3 beds • 3 baths • 2651 sqft

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This property looks like a bad Long-Term investment with a projected -12.63% first-year return on $121k initial cash invested.

-12.63%

Cash On Cash

3.57%

Cap Rate

0.61

DSCR

$3,301

Rent

-$1,273

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,301 income − $4,574 expenses = $1,273 out of pocket

Income$3,301Out of Pocket$1,273Mortgage P&I$2,81985%Property Taxes$1204%Insurance$2056%HOA$57217%Management$33010%CapEx$1655%Vacancy$1986%Maintenance$1655%

Investment Breakdown

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Purchase Price

$576k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$115k

Closing costs

1%

$5,759

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,301

Total Expenses

$4,574

Mortgage P&I

85%

$2,819

Property Taxes

4%

$120

Home Insurance

6%

$205

HOA

17%

$572

Property Management

10%

$330

CapEx

5%

$165

Vacancy

6%

$198

Maintenance

5%

$165

Other

0%

$0

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