REI Lense

REI Lense

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$3,189 (target)

20 Salvia Ct, Homosassa, FL 34446

3 beds • 2 baths • 1587 sqft

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This property might be a fair Mid-Term investment with a projected 7.3% first-year return on $80,202 initial cash invested.

7.3%

Cash On Cash

8.54%

Cap Rate

1.41

DSCR

$3,189

Rent

$488

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$296k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,202

Downpayment

20%

$59,240

Closing costs

1%

$2,962

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,189

Total Expenses

$2,701

Mortgage P&I

47%

$1,493

Property Taxes

0%

$5

Home Insurance

3%

$107

HOA

0%

$10

Property Management

12%

$383

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$351

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