REI Lense

REI Lense

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$2,668 (target)

1800 N Taconic Rd, Avon Park, FL 33825

3 beds • 2 baths • 2331 sqft

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This property looks like a bad Mid-Term investment with a projected -4.42% first-year return on $90,135 initial cash invested.

-4.42%

Cash On Cash

5.34%

Cap Rate

0.87

DSCR

$2,668

Rent

-$332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,668 income − $3,000 expenses = $332 out of pocket

Income$2,668Out of Pocket$332Mortgage P&I$1,75566%Property Taxes$2128%Insurance$1265%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29311%

Investment Breakdown

|

Purchase Price

$344k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,135

Downpayment

20%

$68,700

Closing costs

1%

$3,435

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,668

Total Expenses

$3,000

Mortgage P&I

66%

$1,755

Property Taxes

8%

$212

Home Insurance

5%

$126

HOA

0%

$0

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

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