REI Lense

REI Lense

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$4,258 (target)

1710 S Iroquois Ave, Homosassa, FL 34448

3 beds • 2 baths • 2172 sqft

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This property might be a fair Mid-Term investment with a projected 3.52% first-year return on $109k initial cash invested.

3.52%

Cash On Cash

7.37%

Cap Rate

1.23

DSCR

$4,258

Rent

$319

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,258 income − $3,939 expenses = $319 cash flow

Income$4,258Mortgage P&I$2,17051%Property Taxes$1664%Insurance$1564%Management$51112%CapEx$1704%Vacancy$1283%Maintenance$1704%Other$46811%Cash Flow$319

Investment Breakdown

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Purchase Price

$433k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,560

Closing costs

1%

$4,328

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,258

Total Expenses

$3,939

Mortgage P&I

51%

$2,170

Property Taxes

4%

$166

Home Insurance

4%

$156

HOA

0%

$0

Property Management

12%

$511

CapEx

4%

$170

Vacancy

3%

$128

Maintenance

4%

$170

Other

11%

$468

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