REI Lense

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$4,602 (target)

18224 E Apshawa Rd, Clermont, FL 34715

3 beds • 2 baths • 1748 sqft

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This property might be a fair Mid-Term investment with a projected 1.13% first-year return on $123k initial cash invested.

1.13%

Cash On Cash

6.51%

Cap Rate

1.12

DSCR

$4,602

Rent

$116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,602 income − $4,486 expenses = $116 cash flow

Income$4,602Mortgage P&I$2,41652%Property Taxes$2966%Insurance$2105%Management$55212%CapEx$1844%Vacancy$1383%Maintenance$1844%Other$50611%Cash Flow$116

Investment Breakdown

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Purchase Price

$501k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$100k

Closing costs

1%

$5,008

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,602

Total Expenses

$4,486

Mortgage P&I

53%

$2,416

Property Taxes

6%

$296

Home Insurance

5%

$210

HOA

0%

$0

Property Management

12%

$552

CapEx

4%

$184

Vacancy

3%

$138

Maintenance

4%

$184

Other

11%

$506

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