REI Lense

REI Lense

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$1,385 (target)

2040 Old Dixie Hwy, Auburndale, FL 33823

3 beds • 2 baths • 1515 sqft

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This property looks like a bad Long-Term investment with a projected -17.4% first-year return on $68,271 initial cash invested.

-17.4%

Cash On Cash

2.52%

Cap Rate

0.43

DSCR

$1,385

Rent

-$990

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,385 income − $2,375 expenses = $990 out of pocket

Income$1,385Out of Pocket$990Mortgage P&I$1,603116%Property Taxes$31923%Insurance$947%Management$13810%CapEx$695%Vacancy$836%Maintenance$695%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,271

Downpayment

20%

$65,020

Closing costs

1%

$3,251

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,385

Total Expenses

$2,375

Mortgage P&I

116%

$1,603

Property Taxes

23%

$319

Home Insurance

7%

$94

HOA

0%

$0

Property Management

10%

$138

CapEx

5%

$69

Vacancy

6%

$83

Maintenance

5%

$69

Other

0%

$0

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