REI Lense

REI Lense

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$3,856 (target)

2066 62nd Pl S, Saint Petersburg, FL 33712

3 beds • 2 baths • 1470 sqft

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This property looks like a bad Long-Term investment with a projected -1.42% first-year return on $97,188 initial cash invested.

-1.42%

Cash On Cash

6.22%

Cap Rate

1.03

DSCR

$3,856

Rent

-$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,856 income − $3,971 expenses = $115 out of pocket

Income$3,856Out of Pocket$115Mortgage P&I$2,32260%Property Taxes$48313%Insurance$1634%Management$38610%CapEx$1935%Vacancy$2316%Maintenance$1935%

Investment Breakdown

|

Purchase Price

$463k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,188

Downpayment

20%

$92,560

Closing costs

1%

$4,628

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,856

Total Expenses

$3,971

Mortgage P&I

60%

$2,322

Property Taxes

13%

$483

Home Insurance

4%

$163

HOA

0%

$0

Property Management

10%

$386

CapEx

5%

$193

Vacancy

6%

$231

Maintenance

5%

$193

Other

0%

$0

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