REI Lense

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$2,027 (target)

201 PRATHER DRIVE, Davenport, FL 33837

3 beds • 2 baths • 1910 sqft

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This property looks like a bad Long-Term investment with a projected -15.4% first-year return on $66,927 initial cash invested.

-15.4%

Cash On Cash

3.47%

Cap Rate

0.55

DSCR

$2,027

Rent

-$859

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,027 income − $2,886 expenses = $859 out of pocket

Income$2,027Out of Pocket$859Mortgage P&I$1,67983%Property Taxes$26513%Insurance$1146%HOA$30115%Management$20310%CapEx$1015%Vacancy$1226%Maintenance$1015%

Investment Breakdown

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Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,927

Downpayment

20%

$63,740

Closing costs

1%

$3,187

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,027

Total Expenses

$2,886

Mortgage P&I

83%

$1,679

Property Taxes

13%

$265

Home Insurance

6%

$114

HOA

15%

$301

Property Management

10%

$203

CapEx

5%

$101

Vacancy

6%

$122

Maintenance

5%

$101

Other

0%

$0

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