REI Lense

REI Lense

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$3,525 (target)

21021 Bella Terra BLVD, Estero, FL 33928

3 beds • 2 baths • 1677 sqft

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This property looks like a bad Long-Term investment with a projected -5.08% first-year return on $95,109 initial cash invested.

-5.08%

Cash On Cash

5.32%

Cap Rate

0.9

DSCR

$3,525

Rent

-$403

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,525 income − $3,928 expenses = $403 out of pocket

Income$3,525Out of Pocket$403Mortgage P&I$2,23463%Property Taxes$34410%Insurance$1645%HOA$2708%Management$35210%CapEx$1765%Vacancy$2126%Maintenance$1765%

Investment Breakdown

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Purchase Price

$453k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,109

Downpayment

20%

$90,580

Closing costs

1%

$4,529

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,525

Total Expenses

$3,928

Mortgage P&I

63%

$2,234

Property Taxes

10%

$344

Home Insurance

5%

$164

HOA

8%

$270

Property Management

10%

$352

CapEx

5%

$176

Vacancy

6%

$212

Maintenance

5%

$176

Other

0%

$0

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