REI Lense

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$2,618 (target)

2071 RAFTON Road, Apopka, FL 32703

3 beds • 2 baths • 2024 sqft

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This property looks like a bad Long-Term investment with a projected -10.37% first-year return on $86,478 initial cash invested.

-10.37%

Cash On Cash

4.31%

Cap Rate

0.71

DSCR

$2,618

Rent

-$747

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,618 income − $3,365 expenses = $747 out of pocket

Income$2,618Out of Pocket$747Mortgage P&I$2,09580%Property Taxes$31612%Insurance$1476%HOA$1265%Management$26210%CapEx$1315%Vacancy$1576%Maintenance$1315%

Investment Breakdown

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Purchase Price

$412k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,478

Downpayment

20%

$82,360

Closing costs

1%

$4,118

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,618

Total Expenses

$3,365

Mortgage P&I

80%

$2,095

Property Taxes

12%

$316

Home Insurance

6%

$147

HOA

5%

$126

Property Management

10%

$262

CapEx

5%

$131

Vacancy

6%

$157

Maintenance

5%

$131

Other

0%

$0

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