REI Lense

REI Lense

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$1,903 (target)

210 Melissa Ct, Sanford, FL 32773

3 beds • 2 baths • 1169 sqft

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This property looks like a bad Long-Term investment with a projected -3.64% first-year return on $48,090 initial cash invested.

-3.64%

Cash On Cash

6.02%

Cap Rate

0.96

DSCR

$1,903

Rent

-$146

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,903 income − $2,049 expenses = $146 out of pocket

Income$1,903Out of Pocket$146Mortgage P&I$1,19963%Property Taxes$27615%Insurance$804%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,090

Downpayment

20%

$45,800

Closing costs

1%

$2,290

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,903

Total Expenses

$2,049

Mortgage P&I

63%

$1,199

Property Taxes

14%

$276

Home Insurance

4%

$80

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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