REI Lense

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$4,952 (target)

16805 Banner Shell Pl, Wimauma, FL 33598

3 beds • 3 baths • 2651 sqft

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This property looks like a bad Mid-Term investment with a projected -3.87% first-year return on $139k initial cash invested.

-3.87%

Cash On Cash

5.35%

Cap Rate

0.91

DSCR

$4,952

Rent

-$448

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,952 income − $5,400 expenses = $448 out of pocket

Income$4,952Out of Pocket$448Mortgage P&I$2,81957%Property Taxes$1202%Insurance$2054%HOA$57212%Management$59412%CapEx$1984%Vacancy$1493%Maintenance$1984%Other$54511%

Investment Breakdown

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Purchase Price

$576k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$115k

Closing costs

1%

$5,759

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,952

Total Expenses

$5,400

Mortgage P&I

57%

$2,819

Property Taxes

2%

$120

Home Insurance

4%

$205

HOA

12%

$572

Property Management

12%

$594

CapEx

4%

$198

Vacancy

3%

$149

Maintenance

4%

$198

Other

11%

$545

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