REI Lense

REI Lense

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$2,128 (target)

1968 SUNSET PRESERVE WAY, Port Charlotte, FL 33953

3 beds • 2 baths • 1630 sqft

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This property looks like a bad Long-Term investment with a projected -12.59% first-year return on $55,650 initial cash invested.

-12.59%

Cash On Cash

3.97%

Cap Rate

0.65

DSCR

$2,128

Rent

-$584

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,128 income − $2,712 expenses = $584 out of pocket

Income$2,128Out of Pocket$584Mortgage P&I$1,35464%Property Taxes$58728%Insurance$934%HOA$1256%Management$21310%CapEx$1065%Vacancy$1286%Maintenance$1065%

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,128

Total Expenses

$2,712

Mortgage P&I

64%

$1,354

Property Taxes

28%

$587

Home Insurance

4%

$93

HOA

6%

$125

Property Management

10%

$213

CapEx

5%

$106

Vacancy

6%

$128

Maintenance

5%

$106

Other

0%

$0

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